Zahid B. is a 29 year old trader who keeps his store, which he has already had for 8 years. He is married and has 2 sons. He sells drinks, home stuff, hair coloring, etc.
Zahid doesn't have a permanent job, which is why this shop in the only own source of income for his family. His wife actively helps him. Zahid dreams of providing the best education to his children.
He applied for $1,200 to purchase more inventory to stock his shop and increase his income. Let's do our best to make Zahid's dreams come true.
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.