Shaiq Q. has a little shop where he sells different kind of food and goods for the home. He started his business 1995. Shaiq is married and has 5 daughters. He loves his daughters and wishes to give all of them the best education he can. He is a very cheerful person, and he is always glad to meet anyone who comes into his shop. All his clients are satisfied with his service. Shaiq tries to make his assortment of food products more competitive. In the near future he dreams of expanding his business and buying more foodstuffs. Right now, however, he is requesting 1200 USD. This loan will be an important part of the growth of Shaiq’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.