Elchin M. is a 21-year-old market vendor. Since 2004, he has bee selling men's clothing in the local market. Because his mother is a housekeeper, his business is the only source of income for his family, which consist of his elderly parents, a younger brother and sisters. For this reason, he works hard to bring sustenance back to his home. Elchin wants to get married and have children, but he needs to improve his life conditions first.
To grow his business, Elchin is requesting a loan of $1200 USD. He will use the loan to purchase merchandise so he can offer a wider selection to his customers and increase his income. With the rotation of supplies in his business, he plans to repay the loan within 15 months. The well-being of Elchin's family and his business are in your hands. Elchin and his family are sincerely grateful for your support.
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.