Zabit usually buys calves to raise and fatten, selling them at a profit. His monthly income of 150 AZN is the only source of income for his family. Earning enough money for them is challenging, as is the hard work required in looking after the animals, which entails spending a lot of time outside in harsh weather conditions. Yet Zabit is a very positive man who is supported and helped by his wife.
He has applied for a loan of 1000 AZN to buy three baby calves. The national spring holiday of Novruz is approaching, a good time to fatten and sell cattle at profitable prices for the many wedding parties that take place around the holiday.
About AqroinvestAqroinvest 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.
You can join Aqroinvest's Kiva lending team, Aqroinvest Dostları (Friends of Aqroinvest), and become a fan of the organization on Facebook here.
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