Malik is a 56-year-old man. He is married and has two sons. Malik has owned and managed a grocery store for the last ten years. His store is located at the front of his house, and his wife actively helps him in his trading business. They are very hard-working people. By expanding the business he will be able to improve his family's quality of life. Malik feels happy because this is his fourth loan from AqroInvest and Kiva. He has requested a loan in the amount of 1800 AZN to renovate his store and expand his inventory.
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.