Murad A. is 26 years old. Murad has a food store and has been running his business for 8 years. He rents a retail store where he sells different kinds of food, primarily cookies and candies. His business is the family's main source of income. As a rule, Murad is trying to have a wide range of goods of good quality to meet the requirements of his customers and to satisfy the needs of customers with different levels of income. Today, Murad is requesting $1200 USD in order to increase the range of his inventory. Murad counts on you support!
Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.
In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.