Iqbal is a 21-year-old man who is studying in the third year of university. He entered Teacher`s University in 2010 and his education fee has been paid by his father.
Although everyone is working in Iqbal`s family, paying the education fee is quite expensive, and that’s why he applied for a 1,400 AZN loan.
After graduation, he will be a certified teacher of mathematics and informatics.
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.