Anver M. is 48 years old and is married and with four children. Nine years ago, he started his business of raising cattle. His primary business is with the local restaurants and livestock market. Also during harvest season, Anver works as a taxi driver. He has his own car, which he uses to take local people from one village to another. Despite having two jobs, his business is still quite small and doesn't generate enough income for the whole family. Anver would like to request a loan to expand his business. He will use the profit generated by the business to repay the loan on time. Anver is asking for a loan of 1,200 USD in order to buy more calves to rise. Anver and his family thank you for the loan.
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.