Yagub M. is 32 years old and lives in a small village in the Saatli region. He has a retail shop and supports his family with this business. Yagub sells spare parts for foreign cars, like Mercedes-Benz and Opel, and also sells food, such as pasta and some fruits. He has been involved in this business from 2000.
Yagub has a great demand for his spare parts, so he wants to buy more spare parts to sell to clients. He also would like to purchase more goods to sell, such as cookies and candies.
He is requesting a loan of $1200 USD to buy more spare parts and goods and t enlarge his shop to meet the requirements of his clients and increase the income for his family. Yagub would like to thank everyone for their trust and 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.