Shamil J. is a 37-year-old man who has been making window frames and doors of wood for more than 20 years. He lives and works in a small village in the Imishli region. He is married and has 3 children. Shamil has applied for a loan in the amount of 1200 USD to purchase modern machines and develop 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.