Kamran is 30 years old, married, and has a daughter and a son. He raises cattle. He buys calves, fattens them and sells them as meat. Kamran has been doing this business for 10 years now. He says it is a profitable business which requires continuous effort. He wants to become a successful farmer in his town.
Currently he sells the beef in the central bazaar. Here he supplies the meat to local butchers. In his town people consume a lot of meat, due to their traditional meals. Especially this town is famous for its rich food like kebabs and dolmas.
Kamran had taken four loans from Aqroinvest previously. He is a successful customer. This time he requires 2000 AZN as a loan, because he plans to purchase four calves in order to expand his business.
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.