Shovkat A. is 44 years old and married. She has nine years of experience growing and selling fruit. She uses all the money she makes to take care of her two sons and provide for their education. Shovkat always makes very productive use of her capital, adding inventory to her stock in a way that allows her to meet her customers' needs. She is also very polite and considerate, and her customers are always very happy with the service they receive from her. As her business is doing so well, she is increasing her net worth month by month. Today, Shovkat is requesting 1,600 AZN to purchase seeds and fertilizer in order to increase the variety of her goods. She is grateful to everyone for supporting her and promises to repay her loan in a timely manner.
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.