Khanlar K. is 48 years old. He is married with two adorable daughters. He is a small entrepreneur who sells various souvenirs in his store. His store is very famous in his community thus allowing him to have a good clientele.
Currently, Khanlar has about 800 USD in inventory and his monthly net profit is about US$ 100-120. Today Khanlar is requesting a loan of 1200 USD for a term of 14 months to increase his stock. He is ready to work even harder, make sacrifices and push every once in a while to achieve his goal and become a successful entrepreneur.
Khanlar’s main goal is to educate his beloved daughters so that someday they’ll become successful entrepreneurs. We believe his perseverance and clear vision will be key success factors in his small 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.