Nizami is 46 years old and married with four children. He breeds cattle and sells them for meat to local butchers right from his home. Nizami has more than 10 years of experience in this field thanks to his father who taught him best how to raise cattle.
Nizami usually buys small calves, raises and fattens them in five to six months and resells them for profit at the local livestock bazaar. Meat-selling brings him a 200 AZN income per month. People use beef in everyday national dishes as pilau and dolma and always use yogurt sauce.
This is only one income source for his family and it is not enough to cover the basic needs of his beloved children. Nizami applied for a 1500 AZN loan to purchase four head of cattle.
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.