Kamil is 50 years old, married with three children. He has 30 years of experience in running a grocery store. He usually sells daily products in the store such as tea, sugar, rice, candy, sauces, beans and other food items. His wife helps him to sell products.
Kamil`s store is located in a bazaar. There are daily customers who come to purchase the items they need. His monthly income from the business is 150 AZN. The revenue he gets from the store takes care of his children and also supports his relatives, financially. He is the person who always works hard in order to achieve more.
Kamil has taken a loan before Aqroinvest. He has applied for a fifth loan of 2,000 AZN. With this money he plans to purchase more products and expand his business.
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.