Nadir M. is a very hard working man who comes from Imishli city. After having been rejected for various jobs he decided to start his own business providing wrought iron services. He started it five years ago. The good service that he offers has brought him a lot of clients and now he employs someone to help him meet his clients’ needs. His monthly income is about $500 - $750. His primarily orders are iron doors and window security bars, which are very popular among Azerbaijani people.
Nadir’s desire is to keep growing, and in order to do this he is asking for a loan of 1,000 AZN to refurbish his shop and to buy some equipment. In this way he can improve the quality of service that he offers so that his business can continue to grow.
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.