Alirza R. is a 60-year-old man who is a pensioner. He raises wheat on his land with the help of his six children and wife. He believes one day his children will continue his business. He started his business more than 20 years ago. Alirza then sells the wheat to the local bread makers and local private bread factories. Alirza needs 1500 USD as a loan to increase his business. For the loan of 1500 USD, he is going to purchase more seeds to grow and fertilizer.
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.