Rufulla is 45 year old trader who has been selling men clothes in the central Sabirabad bazaar for nine years. He brings in clothes from different countries which is why his goods are of high quality and sells very quickly. He is married and has three daughters. This business is the only financial source in his family and he tries very hard to cover all of his family's needs. Rufulla plans to increase number of clothes he brings in from abroad. To expand his business he has applied for a 1200 USD loan.
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.