Ahliman A. is a 42-year-old trader who sells different types of electrical appliances, such as vacuum cleaners, kettles, and meat choppers. He has 15 years of experience selling electrical goods. His business is the only source of income for his family. Ahliman is married and has three children. His dream is to provide his children with best education and pass his business to one of his two sons.
Ahliman would like to expand his business so he applied for a $1600 USD loan to purchase more merchandise to sell.
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.