Zohrab is a 46-year-old father of 2 children. He lives in Agsu, Azerbaijan and owns a small shop that sells vegetables and fruits. Zohrrab has been a client of AqroInvest since 2010. He has successfully repaid his previous 2 loans and is now requesting a third loan of 1,500 AZN to purchase additional inventory and working capital. Zohrab has been engaged in his business for over 15 years and earns approximately 350 AZN a month. He is ready to give all he can in order to send all of his children to university as he dreams of a better future for them.
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.