Jhahangir is 43 years old and married with a daughter and a son. His wife is a housekeeper.
He works as a builder and places bricks and mixes cement at a construction site. He has worked in this field for 23 years and has gained good experience. His monthly income is 250 AZN.
Working as builder at a construction site is very hard, consuming work and needs a lot of strength. Local people know that Jhahangir is a very responsible man and does his work properly. They hire him when they need to build or repair a house or other kinds of low-rise buildings.
Jhahangir's income isn't enough to cover his family's expenses. His tools are old, and he can't do his work as efficiently as before.
He applied for a 2,000 AZN loan in order to buy new construction tools for his job. He knows that if he does his job well, he will be paid more than before and will be able to increase his income.
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.