Murad is single and lives with his parents in Imishli. He has a small grocery store which is located near his home. His family has been running the grocery store for 10 years and earns an income from this business. This is the only source of income for the family. They have a lot of customers.
Murad is 25 years old, and a young man who has a very good reputation in his community. His neighbors and his friends have a very good opinion of him. Murad requested the loan of an amount of 1,500 AZN from Kiva partner AqroInvest CU. He will use his loan to buy merchandise to stock his grocery store.
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.