Zuleykha is a 62-year-old woman on pension. She is married and has two daughters. She is a market vendor and sells different home products. She has 10 years of experience in this field, and is considered a knowledgeable and skilled person in her business.
The products she sells is very popular. Zuleykha is always friendly and polite with her customers, which makes her business successful. Her monthly profit is 120 AZN. As this business is the only financial source for the family, Ramziyya's husband helps her with the business.
Zuleykha would like to expand her business and purchase more merchandise and diversify the range of product she sells. For this purpose, she has applied for 1500 AZN. She has already demonstrated herself as a good client with a positive credit history and this will be her sixth 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.