Seymur S. is a 25 year-old-man who lives in the center of Saatli region. Seymur just got married. He is a very happy man. In 2007 he opened his own fruit and vegetable stand. His stand is located in a good location where there is a lot of pedestrian traffic. This is his first loan with Aqroinvest and KIVA. He used this loan of 1000 AZN to stock up on fruit and vegetables to sell in his stand. This is the only source of the income for his new family. Seymur is an upbeat and diligent person. In future he plans to open his own 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.