Diqqat is a 56-year-old father and husband, who is devoted to his three children and his wife. Fifteen years ago, he decided to go into business for himself and opened a small grocery store near his home in Agsu. His business has grown and provides his customers with a tremendous variety of high quality goods. Diqqat and his wife are very attentive and offer such a wide range of goods that they have won over their customers.
This is the first time Diqqat is applying for a loan with AqroInvest and Kiva. He will be using the loan to buy groceries and beverages to expand his product inventory. Diqqat expects a boost in his business income as he expands his business. He is very thankful and promises to pay his loan back responsibly.
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.