Imran is a 47-year-old man, married with two children. He is a farmer and has raised seasonal fruits and vegetables for the last 15 years. During these years he gained enough skills and experience to run the business well. He chose this crop business because it is profitable and because fresh fruits and vegetables are in high demand.
People use fresh vegetables every day and consider them healthy. Many national dishes are made of vegetables, like pilau and dolma. Fresh fruits serve every table in an Azerbaijan family and they are also used to make fresh punch. Imran usually sells his crop in the central bazaar. His monthly income is about 170 AZN.
As these products are in high demand, Imran wants to expand his business and produce more fruits and vegetables to cover the market demand. For this purpose he applied for 1,500 AZN. He will buy new garden tools, seeds and fertilizers.
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.