Qalib R. is married and has one son who is the meaning of his life. Qalib is honest, hard-working, very creative and full of new ideas. He was always dreaming about starting his own business in a trade. However, he didn’t have sufficient capital and he realized he had to provide for his family and cover household expenses. That is why he opened a grocery store.
Qalib is requesting a loan to increase the range of his goods. This loan will give him a chance to buy a larger assortment of goods such as sugar, flour, vegetable oil, cereals, and many others. He believes the loan will boost his economic activity and help him generate more profits. It will not only help him grow his business but also give his family a better quality of life.
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.