Asli is a 41-year-old woman who is single and lives with her parents and brothers. For the past five years, she has run a grocery store where she sells a variety of food products. Her business is the only source of income for her family. Her monthly income is 300 AZN, but this is too low to cover the needs of the family. Her brother helps to run the business and transport merchandise from warehouses.
Asli is requesting a 1,000 AZN loan to purchase more merchandise and increase her sales.
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.