Mokhtabar A. lives in Sabirabad, Azerbaijan. He is 47 years old, married, and has five children. Mokhtabar is the sole provider for his family and earns his living by raising and selling livestock. He purchases young calves from local villagers, raises them for 5-7 months, and then sells the adult cows and bulls to local butchers. Mokhtabar is thinking about expanding his business, because his current earnings are not enough to provide for his family. He wants to purchase more calves and fodder. He is requesting a loan of US $1,200 for the term of 15 months. Mokhtabar appreciates your helping him so that he can move forth successfully and accomplish all his goals.
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.