Qumru is a 47-year-old woman, married with two sons. She is a market vendor and sells children's and women's clothes in the central market. She has 15 years of experience and has gained the necessary skills and experience to run her business successfully. Her husband helps her to update merchandise and sell products. The products she sells are in high demand because she has good taste and is always friendly and polite with customers. Her monthly income is 230 Azerbaijani manats (AZN).
Qumru applied for 1,500 AZN to purchase and diversify her winter clothes stock. She has a positive credit history and this will be her second 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.