Imammaddin Q. is 35 years old and married. He has had a grocery store for 2 years; he started it with his own resources through his work. His wife is the one who works in the store. Imammaddin uses all his income to improve living conditions for his two children. He wants to increase the sales of new products preferred by his clients. He applied for a 900 AZN loan to purchase products such as bread, tinned goods, sweets and juices to increase his revenue.
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.