Nargiz is a 52 year old market vendor. She is married and has two children. Nargiz sells food items, beverages, toiletries, detergents and clothes. She has had this business for the last 9 years. During these years Nargiz has acquired the knowledge and skills required for the business. She is a very friendly and polite person and has permanent clients who always come to Nargiz`s shop to buy something. Her father helps her to sell the products.
Her monthly profit is 230 AZN and he would like to increase her income. From the products she sells, the most popular are butter, macaroni, cookies and sugar and she would like to take direction and purchase more of the items to her shop. For this purpose she has applied for 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.