Mayak A. is a 19-year-old man who tends a food store. He started his business in the beginning of 2008 and right now the main thing he is selling is beverages. Mayak has applied for a loan in the amount of 1000 USD to purchase more food products as tea, sugar, cookies, candies, etc. This will help him to expand his business and gain more profit from it.
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.