Nadir is a 49-year-old man with four children. He is a hard-working person who takes care of his family by doing business in animal husbandry. Nadir grows cattle and raises them to sell meat. He has been in this business for 15 years. His wife supports him in the business. Beside taking care of the children at home, she helps with feeding the cows and milking them. The business takes a lot of effort, but together they run it successfully.
Nadir sells the meat in the central bazaar, where the demand for meat is high. People in Azerbaijan consume meat a lot, because it is used in most dishes. Some traditional meals like kebabs, dolma and others require beef in their preparation. His profit is 120 AZN monthly. Nadir is applying for new loan of 1,900 AZN, in order to expand the business by buying new calves. He plans to grow these calves, fatten them and sell more meat, for the coming traditional holidays, when the demand for beef will increase.
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.