Tajir H. is 22 years old; a young and very hard-working entrepreneur. He owns a store where he sells laundry soap, bath and washing powders, soaps and shampoo. He started his business in 2004 with the financial support of his father, who is now living on his pension. Tajit lives with his elderly parents and his business is the only financial source for his family.
Tajir has applied for a loan of $1200 to purchase more inventory for his shop. This will allow him to generate more income and better support his family.
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.