Karim is a 24-year-old man who is single and lives with his parents. He makes and sells plastic and wooden doors and windows.
With the help of AqroInvest, Karim opened his workshop after he graduated from university. His father taught him how to make doors and windows and Karim continues the family business. He usually takes orders and sells windows and doors from his workshop. His monthly income is 230 AZN. He applied for a loan of 1500 AZN to purchase new tools and materials. This will be Karim's second loan and he has a good loan history.
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.