Ilham is 37 years old and married with one son. He has been a member of AqroInvest since 2010 and this is his second loan. He applied for the loan in the amount of 1500 AZN to purchase assorted stock for his grocery store. Ilham earns his livelihood by selling tea, sugar, water, cookies, candy and more. He hopes that a larger assortment of goods will attract even more clients and increase sales.
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.