Fatma is a 53 year-old farmer who raises seasonal fruits and vegetables and has three years of experience in this field. She is an IDP (internally displaced person) and lives in Bilasuvar IDP Settlement with her mother. She sells fruits and vegetables in the central bazaar and her income from this business is 400 AZN. Fatma and her mother live on a pension, which is very small, and on the profit her business generates. She would like to expand her business and for this purpose she applied for a 1,000 AZN loan.
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.