To earn a living, she is a market vendor and farmer. She sells different kinds of foods and drinks, including rice, macaroni, sugar, beverages, and seasonal fruits and vegetables. Difficult living conditions and a low pension pushed her to start her business many years ago. She explains that she has 12 years of experience in selling food and is a very experienced vendor. Products she sells are very popular, and her customers use these products in their daily lives. Valida's monthly income is approximately 320 AZN. Her husband helps her purchase new inventory.
She applied for a loan in the amount of 1,800 AZN to purchase more food products for her shop, which would allow her to increase her monthly turnover. She has loyal customers and already successfully repaid two prior loans.
About AqroinvestAqroinvest 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.
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