Qalib is a 29-year-old man and is married with three children. He sells food products such as macaroni, rice, candies, cookies, sugar and beverages in his shop. Qalib has 4 years of experience in this field and is considered as a knowledgeable and skilled person.
The food products he sells are very popular among people and are in high demand. His monthly profit from selling foods is 120 AZN. His wife helps him to sell products in the shop. He is a very successful entrepreneur because of a good location in the central bazaar.
Qalib would like to increase his sales and invest additional capital. For this purpose, he applied for 1,500 AZN. He will purchase additional foodstuffs and diversify.
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.