Nigar K., age 42, is engaged in vegetable farming, a traditional occupation for many people living in the southern part of Azerbaijan. She and her husband have two children. She chose to enter this kind of work because neither she nor her husband have been able to find steady employment, so they decided to make use of the fairly large amount of land surrounding their house. In this way, they manage to support the family.
Nigar has garnered a good amount of experience growing and selling produce, and she wants to grow more vegebles so as to generate more income for her family. She is requesting a loan to buy mineral fertilizer and seeds so she can expand her business.
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.