Fezret A. is a 52-year-old butcher. He is married and has three children. Fezret started his business in 1995 and since that time he has gained the respect of his permanent clients. He runs his business in the heart of the central bazaar. Every day local farmers bring him livestock for meat, but Fezret’s working day finishes too fast because he sells all the meat in about four hours. Fezret wants to improve his financial situation by purchasing more meat each day. To do this, he needs more funds, so he is applying for a loan of $1200 USD. You can be a helping hand to Fezret’s business.
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.