Shahin H. is 36 years old, married, and has two children. Thanks to his efforts to get ahead and his positive attitude in the community he is now a well known and appreciated merchant. Previously Shahin was a farm hand, working in the fields for different people. Because of his hard work he was able to purchase land and cultivate vegetables such as potatoes, onions, carrots, etc. His wife sells his harvest at the market and his products have become very popular among buyers.
Now Shahin requests a loan to better serve his customers and to differentiate himself from the competition. He will use the loan to purchase seeds and fertilizer. He only wants to continue growing his business and to improve the quality of life for his family. His loan request is 1000 AZN. He is a repeat client for AqroInvest and has a very good client history.
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.