Sanubar is a 48-year-old woman who is married with four children. She is market vendor and sells different kinds of goods such as flour, beverages, macaroni, butter, and candies. She has 11 years of experience and a deep knowledge of market and demand of clients. This shop is only one financial income in her family.
The food products she sells are very popular among people and in high demand. Her monthly profit from selling foods is AZN 250. He husband helps to purchase products and bring them to the shop. This is the sole financial income in her family. She is a very successful entrepreneur because of a good location in the central bazaar of her home city.
She applied for a loan of AZN 600 to purchase more food products and diversify the range of goods to cover customers' demand.
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.