Vezir H. lives in Bilasuvar, in the southern part of Azerbaijan. He is 50 years old, married, and has three children. Vezir is an internally displaced person from Jabrail - he fled to Bilasuvar during the Azerbaijan-Armenia conflict. Vezir started his business in 1998 when he borrowed money from Aqroinvest CU for the first time to open a small store.
At his store, Vezir sells dried fruits and baked goods, as well as laundry powder, soap and shampoos. These products are in very high demand all across Azerbaijan. Particularly after Vezir repaid his first credit, the business has been going very successfully. Now, Vezir would like to enlarge the number of products he sells. He is working very hard and has decided to borrow US$1,200 USD from Aqroinvest CU to purchase dairy products and beverages for sale in the 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.