Elkhan Y. is a 50 year old man who has a store where he sells washing powder, soap and shampoo. He has more than 20 years of experience running his business. Elkhan is married and has five children. He is requesting a 800 USD loan to diversify the number of goods he sells.
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.