Nemat is 26 years old and a married man. For 3 years Nemat has been breeding cattle. Although he is young, he is a good businessman, because he works hard with great pleasure. His monthly net profit is 250 AZN. This is the second time Nemat has requested a loan for Agroinvest CU. His main purpose is to increase his number of animals and of course to get profit.
He hopes that borrowing 800 AZN from Agroinvest CU will help and ensure his local business development.
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.