Rahima K. is 46 years old and married with five children of school age. She runs a café where she provides meals of her national cuisine. She is a cook and finished special cooking school. The café is located in the central local market, which allows her to have many clients, the majority of whom are those making purchases in the market. The business has been generating a stable income for the last seven years.
Now, Rahima is planning to make repairs to her cafe and improve working conditions. For this purpose, she is requesting a loan for the first time. Today she thanks all of those supporting her and promises to repay the loan promptly.
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.