Raqif Q. is a successful entrepreneur and a dedicated husband. He began a small grocery store a year ago with a small amount of capital he had saved. He was assisted by his wife who helps him serve his clients. Today his clientele has grown and his grocery store has become more popular. His monthly income is 250-300 AZN. He is asking for a loan of 800 AZN so that he may expand the variety of goods that are sold in his store.
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.