Akif is a married father of three children. He runs a small grocery store selling food products in the downtown area of his hometown. Akif 's store is well-known in this neighborhood as he serves his customers well and works late hours, which are very convenient for many customers who work late and go shopping after they are finished work. Akif has been in this business for 7 years and his monthly profit is about 180 AZN.
Akif's son actively helps him in his business. Akif is seeking a loan of 1,500 AZN to purchase foodstuffs to increase the variety of his selling products. This will allow Akif to increase his monthly profit and improve his family's life.
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.