Vagif is 52-year-old man who's engaged in raising seasonal fruits and vegetables. He has done this for the last 10 years. He usually sells his crops in the local central bazaar.
Vagif is married and has five children. Together with his wife, Vagif was able to increase his profit and gain respect among his customers. Now he applied for 1,000 Azerbaijani New Mant (AZN) loan to purchase seeds and fertilizers.
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.