Qafar is a 35 years old man, married with two children. He is an IDP (internally displaced person) and lives with his family in Bilasuvar IDP settlement. He breeds cows and cattle, and sells milk and milk products as well as cattle for meat purposes to local butchers. Qafar has more than 10 years of experience in this field, thanks to his father who taught him the best way to look after cattle.
Qafar usually buys small cattle, raises and fattens them in 5 to 6 months, and then resells them for a more profitable price in the local livestock bazaar. He sells milk and yoghurt to the neighbors. Milk and meat selling brings an income of 90 AZN per month. Milk and yoghurt, as well as meat, are very popular products in Azerbaijan. People use meat in everyday national dishes such as pilau and dolma and always use yoghurt sauce. Milk products are considered to be very healthy and are also present in everyday life.
This is the only financial income in his family and it is not enough to cover the basic needs of his beloved children. Qafar has applied for 1000 AZN to purchase one milking cow and 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.