Asaf is 43 years old and married. His wife is a housekeeper, and they have two sons.
Asaf has been growing vegetables and fruits for over ten years; his eldest son helps him. He is very hard working and passionate about his work. Asaf sells his crops in the central bazaar, making profits to support his family.
Asaf s income from the business is 200 AZN, which is only enough to cover his family's basic needs. Now Asaf needs a 2,000 AZN loan; he wants this loan to arrange a wedding ceremony for his son.
In Azerbaijan, weddings are followed by traditional singers and traditional meals. He wants a traditional wedding for his son, and this is a big expense.
He has a good credit history, and this will be his sixth loan.
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.