Sahiba A. is a 49-year-old entrepreneur who owns a beauty salon. She likes her job and started her business as soon as she had enough savings to open her own salon. Sahiba used to work in a general salon as a hair stylist but now she is independent and her monthly income is about 400 AZN.
Sahiba's beauty salon is very popular because she is very quality specialist. She has about 15-20 clients a day, for hair cuts, hair coloring and styling. Brides are especially good for income as their styling is quite expensive.
Sahiba is married and has three children. She has applied for a 1,000 AZN loan to purchase new tools and make renovations in her beauty salon.
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.