Balashah is 49 years old and has a family of three children and a wife. He raises sheep and sells them for meat. Balashah considers himself a shepherd. He has been doing this business for 15 years and is a very hard-working person. He gives a lot effort in this activity, because he wants to support his family without financial lacking.
Balashah is keeping a flock of sheep in his own yard. He fattens them and takes their meat to the central bazaar, where butchers and customers purchase this. People use mutton for traditional dishes like kababs, dolmas, pilovs, etc.
He has taken loan from Aqroinvest three times and has a good loan history. This is going to be his 4th loan. This time he requires 2000 AZN in order to purchase 15 sheep in order to sell more meat in summer. He is optimistic about this loan, because in summer more people consume meat, due to the holidays and increased customers in restaurants.
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.