Abdurahman, 20, is a student at Azerbaijan Technology University. He entered university in 2009 and will complete studies in 2013. He is in the third year of studying food product technology and tourism. His dream is to travel a lot after graduating. Abdurahman is not working and his parents pay his education fees. Now he needs to pay for his last two years and for this purpose applied for a loan of 2000 AZN.
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.