Milaz is 56 years old, married and has six children! He has more than 20 years of experience in cattle breeding and dairy selling. His primary source of income is selling dairy and dairy products to the local people. His monthly income is about 70 USD and he would like to expand it to 150 USD. His dream is to save money and purchase a car one day. He says if he had a car, he could sell milk in other villages and take his dairy products once a week to the city. Now he applied for 1500 AZN, which he will use to purchase two milk cows.
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.