Fazil is a 51-year-old man. He is married with one daughter. He is IDP (internally displaced person) and lives with his family in an IDP settlement. He is a farmer and raises seasonal fruits and vegetables in his garden and on his land. He has 10 years of experience in this field; hence, market vendors respect him and consider his crop natural.
He usually sells cucumbers, tomatoes, potatoes, carrots, pumpkins, and greens and has a stable income of 80 AZN. He uses only organic fertilizers on his land. Fresh vegetables are very popular in Azerbaijan and people consider them healthy. Many national dishes are made of vegetables, like pilau and dolma. Fresh fruits are served at every table in Azerbaijan families and also make fresh punch.
Now Fazil applied for 1700 AZN loan to purchase seeds and fertilizers and increase his sales.
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.