Rauf E. is a 37-year-old master barber who has run his business for the last 10 years. He is married and has two children. Rauf started his business after he went to special barber school and since that time he has been a master barber for men. Rauf says that he dedicates his life to his adorable children and would like to provide them the best future. For this purpose he applied for a $1,200 loan to improve his work conditions and to purchase new barber tools.
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.