Saleh A. is a 43-year-old entrepreneur who sells spare parts in his own spare parts shop. He is married and has 2 children, who are the apple of his eye. He started his business in 1998, when he couldn’t find a job in his city. He borrowed money from his friends, and with starting capital of $100 he began selling car headlights. He says that his main goal is to save enough money to build his own store, so he doesn't need to spent money on rent. He wishes to provide his children with the best education, and for this purpose he applied for a 1,600 AZN loan. This loan will help him to improve his living conditions and save money for his children’s future education.
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.