Farahim H. is a young businessman of 23 who sells spare parts in Imishli city. He has three years of experience in this field. He is single and runs his business alone.
Farahim applied for a 1000 Azerbaijan New Manats loan, which he will use to purchase more spare parts and increase his monthly turnover.
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.