Vuqar is a small business retailer. He sells different kinds of home products. He is 41, married and has four children. He has about three years of experience in sales. He applied for a 1000 AZN loan in order to purchase more goods and expand his business. Vuqar is promising to pay back on time.
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.