Etibar is 45 years old and married. He has two children.
He is a small entrepreneur who sells a variety of items like soap, shampoo, tooth paste, shaving cream, washing powder and many others items. Etibar's family is actively involved in helping with the business.
Etibar currently has about 1,000 AZN in inventory, and his monthly net profit is about $180 USD.
Etibar is requesting a loan of 1,500 AZN to increase his stock. He is ready to work even harder and make sacrifices to become a successful entrepreneur.
Etibar's main goal is to educate his beloved children so that someday they'll become successful entrepreneurs themselves.
Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.
In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.