Kifayat is a 46-year-old woman who has been engaged in bee-keeping for the last ten years. She is an Internally Displaced Person (IDP) and lives with her husband in Bilasuvar IDP Settlement. She sells honey of high quality and this is a very profitable business but it also requires a lot of effort to make good honey. Kifayat applied for a 1000 AZN loan to purchase better bee hives and improve her living conditions.
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.