Namig Ibrahimov is a young entrepreneur, building an online shopping platform that offers imported clothing to Azerbaijani customers. To invest in his business, though, he is getting loans not from a bank, but from a loan shark.
“I don’t trust banks,” Ibrahimov told EurasiaNet.org. “It is riskier than going to loan sharks.”
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Durna Safarova is a freelance journalist who covers Azerbaijan.