Qismet O. is a married man and has a small business of his own in order to feed his family. He buys construction materials from other cities and sells them. But, as he doesn't have a place at the market, he sells them from a rented garage on the outskirts of the city.
Now that he has so many clients, he wants to build a small store at the marketplace. So, he wants to take out a loan to earn more profit and, by saving his money, have enough to build a store.
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.