Adil is 34 years old, married, and has one son and one daughter. He began his business selling products for household use 5 years ago. His goal is to become independent and to improve the economic condition of his family. His profit from this business is 120 AZN. His son helps him to sell products.
With the aim of purchasing general merchandise and increasing sales, he is asking for a loan due to his lack of capital. He is certain that his investment will allow him to increase his clients and his income.
He has already taken five loans from Aqroinvest in the past. With a good loan history, he has applied for a 6th loan, this time for 2000 AZN. With this money, he wants to buy more products and to expand his business in the future. His good client history is a little proof that he can do this.
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.