Teymur R. is a 31-year-old trader who keeps his own store in which he sells candies, chocolate, cookies, rice, beverages and other foodstuffs.
Teymur gained experience by working in his father`s shop for many years before opening his own shop. Teymur started his business in 2008. This is his only source of income, as he is unemployed.
He has applied for a loan in order to expand his stock of merchandise and thereby increase his income.
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.