Nakhida is a 44-year-old woman who has been engaged in milk and dairy product sales for the last 20 years. She is an IDP* (internally displaced person). Nakhida is married and has four children. Milk and yogurt are very popular products among Azerbaijani people and they use it in everyday life. Her son helps her to run the business. Monthly income from her business is 300 AZN. Now she has two milking cows and she would like to purchase two more.
*Internally displaced person (IDP) is someone who is forced to flee his or her home in particular as a result of or in order to avoid the effects of armed conflict, situations of generalized violence, violations of human rights or natural or human-made disasters, and who have not crossed an internationally recognized State border thus remaining within his or her country.
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.