Yasaman is forty-nine years old and a single woman. She is a market vendor and sells detergents, cosmetics such as as deodorants, perfume, soaps, shampoo and souvenirs. She has five years of experience in this field, which makes her a knowledgeable and skilled person in her area.
The products she sells are very popular among women. Yasaman is always friendly and polite with her customers, which make her business successful. Her monthly profit is 400 AZN. As this business is her only financial source of income, Yasaman's father helps her with her business.
Yasaman would like to expand her business and purchase more merchandise and diversify the range of products she sells. For this purpose she has applied for a loan of 1500 AZN. She has positive loan history and this will be her third loan, which she promises to pay back on time.
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.