Sahib is 32 years old and is married with one child. For the past 10 years, he has been engaged in cattle breeding and he has two milk cows and one calf. Sahib sells milk and yogurt to local people and his monthly income is 230 AZN. He is an IDP (internally displaced person) and lives with his family in a Bilasuvar IDP Settlement. Selling milk is a very profitable business and to meet customer demand, Sahib needs more capital.
Sahib is requesting a 1,000 AZN loan to purchase one milk cow and one calf.
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.