Sahib A., 36 years old, has his own barber shop, which he opened in 2009. He is married and has three children. He is a professional barber who used to work in a large barber shop before deciding to open his own business. Sahib has applied for a loan in the amount of 1,000 AZN in order to purchase more barber's tools and to improve his working conditions.
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.