Vasif A. is a 34-year-old man from Sabirabad, Azerbaijan. He is married and has two school-aged children. He supports his family by operating a grocery store. Vasif sells a variety of goods. He started his trading business in 2008 with the help of his family.
This is Vasif's first loan with Aqroinvest and Kiva. He used the loan in 1500 AZN to buy a wide variety of products. He has many dreams for the future. He plans to expand his business, enlarge the store, and have more customers in the area. He is grateful for the support provided to him because it has already allowed him to grow his business. He now earns an average monthly income of 500 AZN.
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.