Elchin is 37-years-old and married with two sons and three daughters. His wife is a housekeeper. He sells mobile telephones in a shop and has gained good skills working in this field for 17 years. His monthly income is 100 AZN. He gets additional money from his pension.
Demands in such techniques as mobile telephones have increased nowadays. All people use them in their daily life. They make calls in urgent cases or send messages of important information when they need to. They can call someone who is far away.
There are many new models of mobile telephones that people would like to buy. And Elchin applied for a 1,400 AZN loan in order to buy more new models to expand the assortment at his shop. He hopes that one day his income will increase and he will be able to provide his big family a good life.
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.