Nazkhanim is 59 years old. She is a very responsible and hard-working woman. She is married and has four children. She has been engaged in poultry breeding for the last 10 years. Nazkhanim and her husband are on pensions and her business is only source of income in her family. Her son helps Nazkhanim to look after poultry.
Poultry meat is very popular among local people and many national dishes are made of chicken and turkey. People use different kind of poultry in different seasons. In autumn and winter, people use goose and turkey, in spring and summer, they use chicken. Nazkhanim's income per month is 280 AZN.
Now she would like to increase the number of poultry and for this purpose she applied for a loan of 1500 AZN. She is going to buy more chicken, sell them for a profitable price, and hence increase her profit. This will be her seventh loan and she has a good client history.
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.