Shukufa is 41 years old and married, with two children. She works at purchasing and reselling cattle with her husband. Shukufa is a hard-working woman who has fought to provide for her family. Her husband is working as a teacher in a local school, but his salary is not enough to cover all the needs of the family.
She would like a loan of 500 AZN in order to purchase additional cattle to increase her inventory and to meet customer demands. Shukufa believes this will lead to greater revenue and, ultimately, greater profit for her family. In the future, she would like to reinvest the earnings generated by this loan back into her business. She will then purchase additional cattle and increase her income further.
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.