Maleyka, 50, is on pension and is married with one son. She is a market vendor and sells different kinds of goods such as office supplies, perfumes and home products. She has 20 years of experience in this field, making her a knowledgeable and skilled person.
The products she sells are very popular. Maleyka is always friendly and polite with her customers, which makes her business successful. Her monthly profit is 250 Azerbaijani manats (AZN). As this is the family's only source of income, Maleyka's husband helps her with the business.
Maleyka 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 1,500 AZN. She has already demonstrated herself as a good client with a positive credit history and this will be her fifth 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.