Teymur is a 38 year-old man who has had a car repair service for the last three years. He is married and has three sons. Teymur started his business when his father asked to join him. Now Teymur works with his father. His monthly income is 330 AZN. He would like to purchase new working tools to be able to repair international cars and not only Russian ones. For this purpose he has applied for a loan of 1,000 AZN. He has already demonstrated himself as a good client with 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.