Tamara is a 53-year-old married woman, very hardworking and experienced. She has five children, who are already independent adults. She breeds cows and cattle and sells milk and milk products, as well as cattle for meat purposes to local butchers. Tamara has 26 years of experience in this field, thanks to her father, who taught her the best way to look after cattle.
Tamara usually buys small cattle, raises and fattens them in 5-6 months and resells them for a more profitable price in the local livestock bazaar. Milk and yoghurt she sells to the neighbors. Milk and meat selling brings in an income of 130 AZN per month. Milk and yoghurt, as well as beef, 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.
Tamara applied for 2,000 AZN to purchase three cattle, one milking cow and fodder. Tamara has a very positive loan history and has already completed several loans.
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.