Balli is a 28-year-old entrepreneur who is engaged in the poultry breeding business. She has 4 years of experience in this field. She breeds chicken and turkey. Her monthly income from this business is 200 AZN. She is an IDP* and lives with her husband and three sons in the Bilasuvar IDP Settlement. Balli is a good client of AqroInvest and this will be her fourth loan.
*An internally displaced person (IDP) is someone who has been forced to flee his or her home due to armed conflict, violence, human rights violations, or natural or manmade disasters, but who, unlike a refugee, has not crossed an international border (source: UN Office for the Coordination of Humanitarian Affairs)
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.