Rovshan, age 36, is a tailor. He sews and repairs clothing items to earn an income. He has been engaged in this field for the past 10 years and his monthly income is 180 AZN. He and his wife, who is a homemaker, have a son and a daughter.
Rovshan believes that clothing is one of the most important things in people's lives, a thing that represents them. It must therefore be well-made and clean. When something happens to people’s clothes, they are brought to him for repair. When people need new clothes made, they visit Rovshan and he makes beautiful clothing for them from textiles.
At present, Rovshan’s income is not enough to cover his family’s everyday needs. He has therefore applied for a loan in the amount of 2000 AZN. He will use his loan funds to expand his business and increase his income.
This is his second loan and he has a positive client history.
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.