Ilqar I. is a lively entrepreneur with a small business selling clothes for women in the bazaar of Agsu city. He is an experienced entrepreneur having been self-employed for the past ten years. Business has been good for Ilqar. There is always demand for clothing and women of Azerbaijan are coming to Ilqar`s shop to purchase something new for wedding parties.
Ilqar is married and has two children. He is doing his best to ensure that his children have a bright future.
Ilqar has requested a loan of 1607 AZN to increase his available working capital. This loan will help him purchase new inventory and continue to invest in his business. Eventually, Ilqar hopes to have his own small store.
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.