Guldasta is a 46-year-old single woman living with her parents. She grows fruits and vegetables in the garden. She started this business four years ago. She chose this field because fresh fruits and vegetables are very popular in Azerbaijan. People like to eat them fresh and make fresh juices which is very healthy. She sells her crops in the central bazaar and her monthly income is 300 Azerbaijani manats (AZN). Raising crops takes a lot of strength and means working in the open air, which is very hard for women. Guldasta is a very strong woman and has the potential to work even harder to produce more crops.
Guldasta needs additional capital to invest in seeds and fertilizers. This will allow her to improve the quality of the products she grows and increase monthly turnover. For this purpose, she applied for a 1000 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.