Elbrus A., age 55, is a trader who sells fruits and vegetables. For a year, he has been able to sell these items in his own store. He sells different kinds of seasonal vegetables and fruits. He is married and has two sons. Elbrus would like to increase the number and variety of products he sells in order to increase his profit. He has applied for a loan in the amount of 900 AZN.
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.