Vakhila J. runs a small grocery store, selling a wide variety of foodstuffs, including canned foods, soft drinks, juices, sweets, tea, coffee, etc. She has been in this business for about four years. She is married and has eight children. One of her goals is to be able to improve her living conditions.
Vakhila has requested a loan of $1,200 to buy additional foodstuffs, in order to increase the range of her goods. The loan will help her increase her income and continue to operate a stable, sustainable 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.