Kanan M. is 35 years old. He is married and has two children. He is a small-business entrepreneur who sells candies, rice, cookies, beverages, and many other foodstuffs in his store. Kanan is not alone in this business. His wife actively helps him with sales.
Today, Kanan is requesting a loan of 1,300 Azerbaijani Manat (AZN) to increase his stock. He is ready to work even harder, make sacrifices, and push every once in a while to achieve his goal and become a successful entrepreneur. Kanan’s main goal is to provide his beloved child with a fairly well to-do life. We believe his perseverance and clear vision will become key success factors in his small business.
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.