Hasil is 26 years old, married and has a 2-year-old daughter. Hasil is the only breadwinner for his family. He has worked as a dentist for three years and he now needs a loan of 1000 AZN to buy necessary medicines and instruments for his profession. Hasil wants to improve his business by increasing the number of his clients so as to increase the income from his practice. He thinks that this expansion of his dental clinic will improve living conditions for his family.
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.