Elgun M. is 25 years old. He breeds and raises sheep. When Elgun recognized the need to invest in his business, he decided to construct a better shelter for his his animals. He is requesting a loan to buy the construction supplies for this project. He believes that his loan request will be granted and that he will be able to begin his work. With the loan, Elgun will purchase fifteen lambs and construction supplies to improve his sheep barn.
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.