He runs a furniture workshop in his home city. Specifically, most of the furniture he makes is from natural wood. He explains that he has 26 years of experience in this field and many customers. He believes that he has so many customers because he always complete orders on time and provides high-quality furniture. His monthly income is approximately 120 AZN.
While Museyib's customers have placed many orders, he has insufficient materials to complete the orders at this time. In fact, he is unable to purchase such materials at this time because many of his customers prefer to pay after his work is done. As a result, Museyib is applying for a loan in the amount of 1,500 AZN to purchase additional raw materials. This would be his second loan, and he notes that he a good history of repaying his loans.
About AqroinvestAqroinvest 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.
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Success!! The loan was 100% repaid