Ali is a 28 years old farmer who raises and sells seasonal fruits and vegetables. He is IDP (Internally Displaced Person). He has four years of experience in farming.
Ali also works in construction as a laborer during the winter season. He is married and has three children. Ali's monthly income from farming is about 250 AZN.
Ali's wife helps him run the business. Being their main source of income, Ali is seeking financial support. For this purpose, he applied for a 1000 AZN loan. This will be his second loan and he has a positive credit history.
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.