Ahsan is a 30-year-old internally displaced person who lives in the Bilasuvar IDP settlement with his wife and two children. He is farmer who has raised seasonal fruits and vegetables for the last four years. During that time, Ahsan has gained enough skills and experience to run his business. He chose his business because it is profitable and fresh fruits and vegetables are in high demand since people use them every day and they are healthy. Many Azerbaijan national dishes, such as pilau and dolma, are made with vegetables, and fresh fruits are served on every Azerbaijan family table along with fresh punch. Ahsan usually sells his crop in the central bazaar and earns a monthly income of 300 AZN.
Ahsan is requesting a 1,500 AZN loan to expand his business and produce more fruit and vegetables to meet market demand. He will use his loan to buy new garden tools, seeds, and fertilizer. He has a good credit history and this will be his fourth loan.
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.