Donmaz is a 46-year-old married man and the father of three children. He runs a general store. His main customers are neighbors in the area, especially housewives for whom the store provides an opportunity to purchase household products daily for prices within their economic means. Donmaz also has an additional business selling oil for cars. This will be his second loan from Aqroinvest and Kiva, and he has a good client history. Now he would like to buy new food products and increase his monthly turnover. He asked for a new loan in the amount of 1500 Azerbaijani manats (AZN) to be able to increase the variety in his general store, improve the business, and meet customer needs and demand.
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.