Taleh Y. is 23-year-old trader who owns his a food store in the southern Azerbaijani region of Imihsli. Taleh is married and has two children. He has three years of experience in selling food and beverages. The food stores are in high demand in this region and Taleh decided to purchase a refrigerator for food which needs a cooling system, like meat, yoghurt, and milk, etc. Taleh applied for $1200 USD to purchase one refrigerator.
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.