Kamal is a 34 year old man, married with two sons. He sells fruits, such as pears, oranges, apples, pomegranates and bananas. Kamal has 8 years of experience in this field and gained the necessary skills and knowledge required for his business.
Fruits are very popular among Azerbaijan people and in high demand during the year. People like to eat it fresh and this is one of the main desserts for guests. His shop located in the center bazaar and people always pass his shop and come to buy some fresh fruits. His monthly income from this business is 100 AZN. Kamal `s wife helps him to sell fruits.
Kamal wants to expand his business. The amount of products he sells is not enough to cover the high demand. He would like to purchase more fruits and vegetables and increase his turnover as well, in order to improve life for his family. For this purpose he applied for 1,500 AZN loan. He has a long and positive history with AqroInvest.
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.