For the past eight years, Ilhame M. has operated a business of selling dresses that are specifically intended for wedding and engagement ceremonies. She rents a place in the central bazaar of Imihsli city. Her monthly income ranges from about $375 to $625 and she would like to increase it. She also wants to be able to cover the demands of her many customers. A hard-working mother, Ilhame has successfully grown her business, inspired by her goal to establish a stable income for her family.
Currently, Ilhame is seeking a loan of 1,000 AZN to enlarge her variety of goods for sale. With the increased profits, she hopes to continue supporting her child's education. She believes that one day she will have her own shop.
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.