Mohubbat is 56 years old, married and lives in the small village of Imishli. He has two children who are the apple of his eye. He is a cattle breeder. Mohubbat has 12 years of experience in raising and selling cattle. During these years, he has acquired the knowledge and skills required for the business.
Mohubbat usually buys small calves, raises and fattens them and sells the meat in the Imishli livestock bazaar. Looking after cattle is hard work and requires spending a lot of time in the open air. The climate is very severe, very hot in the summer and very cold in winter. However, Mohubbat is not alone in his business, because his wife helps to pasture and feed the animals.
Mohubbat's monthly profit is 300 AZN. He wishes to expand his business to improve the life of his family. For this purpose he applied for a 1200 AZN loan. He will use this loan to purchase three cattle and more fodder.
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.