Huseyn is a young entrepreneur, 24 years of age. He is single and lives with his parents. He has been selling mobile phones and accessorizes for the past four years. With the help of his father, he was able to start his business. He usually works from 9 a.m. to 8 p.m., because many people are coming after work to look for new mobile phones. In summer, his working hours are getting longer. He is a very hard-working and polite man, that’s why his sales are high -- 190 AZN per month.
He applied for 1,500 AZN to purchase some of the most-demanded phones, like Samsung and iPhones, which he expects will increase his sales.
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.