Akif is a cattle breeder with more than 10 years of experience. Akif is married and has three children. Akif purchases small calves and then fattens and raises them. After six months, he resells the grown cattle in the central city market. He applied for a 1100 AZN loan to purchase more cattle and increase his income. This loan will allow him to improve life of his family. He already paid his first loan from AqroInvest CU successfully.
Aqroinvest Credit Union was founded by a group of 32 Imishli farmers in 2001, and has grown to become one of the largest credit unions in Azerbaijan. It boasts a portfolio of nearly $5 million and is wholly owned by its more than 3,500 borrowers, as of December 2011.