Ramil is 33 years old. He is married and has two children. He is a small-business entrepreneur who sells different kinds of foods as well as detergents, like soap, shampoo, toothpaste, shaving cream and washing powder, and many other foodstuffs in his store. Ramil is not alone in this business. His wife actively helps him with sales. His monthly profit is $160 USD and he is on the way to increasing it. His business is very successful because of a good location in the central Sabirabad bazaar.
Today, Ramil is requesting a loan of 1500 Azerbaijani New 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. Ramil has already demonstrated himself as a good client with a positive credit history.
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.