Qalib is 53 years old and is married with three children. He sells different home products in his shop. Qalib has more than 20 years of experience in this field. He is a knowledgeable and skilled person.
The products he sells are very popular as dowry products and are in high demand, especially for brides. His monthly profit is 130 AZN. His wife helps him to sell the products in his shop. He is a very successful entrepreneur because of his shop's good location in the central bazaar of his home city.
Qalib would like to increase his sales and invest additional capital. For this purpose he applied for a loan of 2000 AZN. He will purchase and diversify additional merchandise to increase monthly turnover.
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.