Yusif M. is 31 years old, married, and has two children. His wife keeps the house and takes care of their children. In order to support his family, Yusif sells household goods such as kettles, pails, pans, socks, and other items. He has been in this business for three years. Having acquired experience, Yusif is able to choose goods that meet the differing tastes of his customers. The business is quite successful and generates a stable income that allows Yusif to improve his family's living conditions and make his children happy. Today, Yusif is requesting 1,600 AZN for purchasing new household goods to enlarge his range. Be an important part of the growth of Yusif’s business!
Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.
In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.