Zabil is a 49-year-old man who has been selling office supplies for 10 years. Zabil is married and is a father of three children. His children are the reason that he works hard: to provide them with the best and brightest future.
This man has many projects for his future. Zabil 's main project is to expand his store where he will be able to sell not only office supplies but also a great numbers of books. His current wish is to add more office supplies and therefore have more to offer to his customers.
Zabil applied for 1300 AZN loan to purchase more office supplies and improve the life of his family.
Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.
In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.