Amrah is a 39-year-old man, married with two children. He sells food products as macaroni, rice, candies, cookies, sugar and beverages in his shop. Amrah has six years of experience in this field, which makes him a knowledgeable and skilled person.
The food products he sells are very popular with people and are in high demand. His monthly profit from selling foods is 170 AZN. His wife and son help him to sell products in their shop. He is a very successful entrepreneur because of good location, in a central bazaar of his home town.
Amrah would like to increase his sales and invest additional capital. For this purpose he applied for a loan of 1000 AZN. He will purchase diverse additional foodstuffs. This will be his second loan and he has a good client history.
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.