Anvar purchases his products at very low prices and is then able to resell them for a profit. Because he sells in bulk amounts, he deals with a high inventory turnover rate. Anvar rents a very good location at the market for his business and he has a small amount of competition.
He has requested a loan of 2000 USD to increase his business capital. This loan will give him the ability to purchase more products to sell, enabling him to increase his profit and continue operating a profitable business.
About AqroinvestAqroinvest 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.
You can join Aqroinvest's Kiva lending team, Aqroinvest Dostları (Friends of Aqroinvest), and become a fan of the organization on Facebook here.
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