Rana is a 58-year-old lady. She is married with four children. Rana has been running her own small business for 20 years. She has a trading place at the market for selling clothes and home products. She is very friendly and polite which allows her to have the clientele she has. Now she is requesting a loan of 800 AZN. Rana is planning to use the loan to purchase more goods to sell thus increasing her product range.
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.