Radim is a 31-year-old man, married with two children. He is a blacksmith and has five years of experience in this field. He takes orders from customers, and makes roofs, doors, gates and windows. His father taught him skills and now he is helping Radim.
His monthly income is 100 AZN, but he wants to increase it because it is not enough to cover the needs of his family. Hence, he applied for 800 AZN to purchase working materials to complete orders and increase his turnover. He promises to pay back on time.
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.