Mazakhir K. is a 50 year old man who sells construction materials. He is married and has 2 sons. Mazakhir started his business more that 20 years ago. Since that time his business has been the only source of income for his family. His sons help him and Mazakhir teaches them how to prepare materials for sale to their customers. Most of materials he sells are made of wood but, he also sells bricks. Now he has applied for 1600 AZN in order to expand his business.
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.