Sahib is 56 years old. He is married with four sons. He sells food products such as macaronis, butter, cookies, sugar, tea, candies and beverages in his shop. Sahib has about 20 years of experience in this field. He is a knowledgeable and skilled person.
The food product he sells are very popular among people and are in high demand. His monthly profit from selling foods is 100 AZN. He is a very successful entrepreneur because of his store's good location in the central bazaar of his home city.
The profit he gains is not enough to reinvest in the business and the business is suffering for this reason. Being the main source of income, his profit is used for family needs. Sahib would like to increase his sales and invest additional capital. For this purpose he applied for 2000 AZN. He will purchase and diversify additional food stuff.
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.