Nakhida Q. is a 30-year-old woman who runs her small farm in the small village of Imishli. She is married and has five children. Because she and her husband are unemployed, it is very hard to cover basic family needs. Poultry and one cow are the only financial source in their family. As a solution, Nakhida has applied for $1100 USD to purchase 3 calves for $300 USD each, and with the remaining $200 USD, she is going to buy 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.