Mais I. is a businessman from Agsu city where he lives with his wife and two children. He sells flour, cookies, soft drinks and some seasonal vegetables in the market.
Mais does a good business because he keeps his merchandise well stocked and makes sure it is good quality. Presently, he is making about $300 each month. Mais is very honest and polite with both his suppliers and his customers. It has helped him to gain a reputation as a trustworthy and friendly vendor and to build a solid client base.
Mais is applying for a loan of 1,600 AZN to restock his merchandise and hopefully generate additional profit. He is sincerely appreciative of your support!
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.