Qilman, age 43, is a farmer. His agricultural business provides him with the means to meet the needs of his family: he earns about $160 USD from selling his crops. He and his wife have three sons, one of whom helps him to run the business.
Qilman owns a large piece of land where he cultivates different kinds of vegetables and fruits, but due to the poor quality of the soil and the problem of insects, he is no longer able to satisfy market demand.
Qilman is very hard-working and determined, and he is asking for a loan of 1,000 AZN in order to buy seeds, fertilizer, and working tools. The loan will greatly improve Qilman’s income and his family's living standards.
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.