Sadiq is 39 years old. He is married and has 4 children. Sadiq began earning income selling seasonal vegetables and fruits. He has 7 years of experience in this field. After a while, he began working at other jobs, but realized that his work wasn't bringing in enough income to cover the expenses of his family.
Therefore, Sadiq decided to independently reengage in the seasonal vegetable sales business. Gradually, he is becoming known in the area; however, he still needs additional capital to purchase vegetables and fruits for sale, given the high demand during the current season. Sadiq is asking for a loan of 1,400 AZN. With this money, Sadiq will be able to buy additional fruits and vegetables for sale and thus earn more profit. Sadiq has a good client history and he is thankful to everyone for their support.
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.