Ahmad is a 28-year-old man who breeds cattle. He has been engaged in this business for the past 4 years. He is an IDP (internally displaced person) and lives with wife in Bilasuvar IDP Settlement. He usually buys small calves, raises them and resells them in 5-6 months at a more profitable price. Ahmad sells cattle for meat which is a very profitable business because meat is very popular in Azerbaijan and locals use it in everyday cuisine. His monthly income is 200 AZN. His wife helps him to run the business. Cattle breeding brings stable income to Ahmad’s family; it is the family's only income source. He needs additional capital to purchase more cattle to increase sales and improve the living conditions of his family.
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.