Subhi is a 44-year-old man and married with two children. He is a farmer and has raised seasonal fruits and vegetables for the last 10 years. During these years, Subhi gained enough skills and experience to run the business. He chose this crop business because it is profitable and fresh fruits and vegetables are in high demand.
People use fresh vegetables everyday and consider them healthy. Many national dishes, like pilau and dolma, are made of vegetables. Fresh fruits are served on every table of Azerbaijan families and also used to make fresh punch. He usually sells his crop at a bazaar. His monthly income is 300 AZN.
As these products are in high demand, Subhi wants to expand his business and produce more fruits and vegetables to cover market demand. For this purpose he applied for 1,000 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.