Yusif is married and has 4 children, two daughters and two sons. It is very hard to keep so large a family under normal conditions. He pays a very high rent on the place he sells out of and his earning per day amount to about 20 USD which is very low. He pays more than 50% of his earnings for rent. He has applied for a loan in the amount of 1200 USD to purchase more goods to sell and build his own shop where he can make more income without paying high rent. Yusif is a repeat client for AqroInvest as he successfully repaid his first loan.
About AqroinvestAqroinvest 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.
You can join Aqroinvest's Kiva lending team, Aqroinvest Dostları (Friends of Aqroinvest), and become a fan of the organization on Facebook here.
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