Zaur is an active and hard-working man of 35 years. He is married and the father two children. Zaur always tries to improve his living conditions and that’s why he engages in the wholesale of different food products such as flour, nuts, rice and macaroni. He has been in this business for 4 years and he has a good business experience.
Zaur would like a loan of 1,500 AZN for purchasing more merchandise in order to expand his business and improve his living conditions. Zaur has already demonstrated himself as a good client with a positive credit history.
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.