Nijat, age 23, sells groceries from his food store in the city of Sabirabad, where he lives. His vending location is well-known for good prices that are lower than market prices. Nijat knows his customers’ preferences and offers only high-quality groceries. He has been in the grocery trade for about three years. His business has been marked with consistent stability. His mother is actively helps him: it was she who brought the idea of opening his own shop.
Nijat is hoping to invest a loan of 1,500 AZN in additional merchandise, which will help him eventually to increase his turnover capital. Nijat has a vision for the expansion of his trade that will be helpful in his entrepreneurial endeavors. The loan will help Nijat to persist, take small steps at a time toward his goal, and achieve success.
Nijat has a good client history and this will be his second loan from AqroInvest.
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.