Sevindj H. is a 32-year-old married mother who has been selling kids’ toys in a central, local shop for 7 years. During these years, the business has become successful, allowing Sevindj to support herself and her family. Now she is planning to increase her stock and her range of goods, and to purchase the toys wholesale. She is requesting a loan of 1500 AZN for this purpose. An active and strongly motivated client of AqroInvest since 2006, her credit history makes her eligible to receive new, larger loans. Sevindj thanks everyone supporting her and promises to repay the 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.