Shahin has a grocery store and sells food items. His business boasts fresh groceries, reasonable prices, flexible and quality client service, and uniqueness and variety of merchandise. Shahin works hard to develop his business and make it profitable. His current monthly profit is $140.
Shahin is requesting a loan of 1500 Azerbaijanian Manat (AZN) to reconstruct and modernize his grocery store to increase turnover capital and purchase an assortment of goods for retail sale.
Shahin is a conscientious and focused manager with a good client history. This will be his third loan from AqroInvest CU.
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.