Telman is 45 and lives with his wife and children in their own house in Agsu. Telman started his beekeeping business in 1998, and it's improving a lot. He sells his product, honey, in the local market. When he first received a loan from AqroInvest in 2010, he made a good profit and the loan was useful to him. He has applied to AqroInvest and Kiva for his second loan of 1500 AZN to buy modern supplies. Telman dreams of seeing his production grow, to generate more profits and to be able to provide his family with a better quality of life.
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.