Xalis lives in Saatli. He is married and the loving father of three school-aged children. He has been involved in selling fruits for ten years. His first loan from Aqroinvest was in 2010, and he has very good credit history. Now Xalis has requested a loan of 1,100 AZN to obtain the wholesale purchase of fruits and earn a good income from the 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.