Lamiya is a farmer. She is 21 years old, married, and has three children. Lamiya puts a lot of enthusiasm into the development of her farming efforts because she is aware that it can help her children. Lamiya grows carrots, potatoes, cucumbers and potatoes. She wants to maximize her profits and place her children into a school. Her husband is a workman at construction field. His salary is too small to cover family needs.
Lamiya needs to buy lubricants and mineral fertilizers to recondition the land, and seeds for sowing, in order to have a good harvest in the upcoming season. Her wish to improve the living conditions of her family brings her to request a loan to increase the quality and quantity of her harvest. Lamiya requests a 1,000 AZN loan. She wants to purchase seeds and mineral fertilizer.
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.