Latafat is a 39-year-old married woman with 2 sons and a daughter. She is IDP and lives with her family in a settlement for IDP. Her husband is a laborer. She has a husbandry breeding cows, sheep, etc., and has been selling meat, milk, and wool for almost 10 years. Her monthly income is 100 AZN.
There are lots of different kinds of delicious dishes in Azerbaijan cuisine that include meat (dolma, kebab, dushbere, qutab, khash). And that's why people's demand for meat is very high. Milk is also used daily, preparing different sweets (cookies, pies, etc.). Beside that milk is very useful for health.
Latafat's condition is very difficult and she needs to increase her income and help her family. She applied for a loan of 2000 AZN in order to buy more husbandries. This is her fifth loan and she has a positive client history.
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.