Kamran K. is 48 years old. He is married with children. He started his own business 12 years ago because his salary as a driver was not enough to meet their family's expenses. Kamran sells candies, cookies and pastries in the local market. The income he generates allows Kamran to support his large family, including his parents, who live with his family. Kamran dreams about providing all of his children with higher education. Today he is requesting 1200 USD for 15 months. He is going to spend the loan to expand the range of goods in his confectionery store. He is planning to spend the income to build a private store, as well as for educating her children. Kamran thanks everyone for their support and promises to repay the loan in time.
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.