Islam has been in the business of cattle breeding for the last 23 years. The breeding business requires a lot of dedication and effort since it requires the strict control of every one of the animals, including feed and care for those that are older.
Cattle breeding and reselling animals for a profitable price provides the only income for Islam`s family. He earn about 170 USD per month. Through this business, Islam is able to support his spouse and his four children.
He is requesting a loan of 1,800 AZN to buy more animals to raise and sell in the market.
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.