Aynur Q., age 45, carries out her daily work herding her grazing cattle in an area near the city of Bilasuvar, where she is from. She and her husband have been dedicated to this occupation for the last six years. This is the only financial income for the family. Aynur is the dedicated mother of three children.
Aynur wishes to buy calves for breeding and so that she can increase monthly turnover. She is therefore asking for a loan of 1,000 AZN. She promises to repay on time.
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.