Tahir is 57 years old and married with three children. He has been selling rice, beans, eggs, spaghetti, chicken, meat, and more for ten years. Tahir's business is in his home, and his customers are his friends and neighbors who visit him from Monday through Sunday. His sales are very good.
Tahir is asking for a 2000 AZN loan to buy products for his grocery store such as rice, beans, eggs, chicken, meat, salami, pasta, bread, soft drinks, juices, and milk to be able to earn more in his business. This investment will help him stock more inventory, thereby increasing his income to cover household expenses and financial commitments.
Tahir dreams of having a better store that is more appealing and comfortable for his customers, improving his living situation, and expanding his business. Tahir hopes that the loan will help make his dreams a reality.
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.