Elvin is a hardworking person and he makes an effort to give his family the best. He is married and a dedicated father of three children. Despite the fact that Elvin is only 25, Elvin is the sole breadwinner for his family, and his only income comes from raising and selling sheep and large livestock at the local market. Every six months he buys young heifers and sheep from farms in adjacent villages. He raises them with the help of his sons and then sells the adult cows and bulls to local butchers.
Elvin is thinking about expanding his business because the income from his present herd is not sufficient to provide for his family. He plans to purchase more young cattle. To do so, he needs to invest an additional 800 AZN in his business.
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.