Tahir is 51 years old. He is married and has 2 daughters. His wife is a housekeeper. Tahir has a small shop and sells products such as bread, butter, milk, sweets, salt, sugar, cookies, etc. His monthly income is 160 AZN. Tahir has 30 years of experience in this business.
In his area, the demand for the products he sells is very high. People buy these products every day and use them in different cases. They buy products for their regular breakfast, supper and dinner and for unusual events such as family parties, holidays and so on. Small markets are very popular because products in such markets are cheaper than in big supermarkets.
Tahir borrowed 2000 AZN to expand his market business. This will help him improve his family's life and provide for his daughters education and future life. Tahir is a very responsible person and this is his fifth loan.
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.