Alibala is 56 year-old man who has grown seasonal fruits and vegetables for the last 12 years. He is married and has two sons. He usually sells his crops in the central bazaar and to the local vendors. His monthly profit is 250 AZN and he would like to increase it. His elder son helps him to raise crops and sell them in the bazaar. Alibala applied for a loan of 1,500 AZN loan in order to purchase seeds, fertilizers and new land.
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.