Parviz is a 29-year-old man. He is married, and has two sons. He has a very small business; keeping sheep for meat purposes. But he would like to extend his business by purchasing calves for meat production. He applied for credit of 1000 AZN to realize this idea. He will spend this money to purchase 3 calves and mixed 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.