Qadir is a 54-year-old cattle breeder who breeds cattle and sheep. He is an IDP (Internally Displaced Person) and lives with his wife and five children in the Bilasuvar IDP Settlement. He has 4 years of experience in this field. Cattle and sheep breeding is the only financial income in his family.
Qadir generates income from selling sheep and cattle for meat purposes and also sheep for their wool. His profit per month is about 150 AZN. He applied for a 1,500 AZN loan in order to purchase more sheep and cattle. This will be his 4th loan and he has a good credit history.
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.