During these years Vusala has gained enough skill and experience to run her farm, thanks to her father`s own experience as a farmer. She chose this profession because it is profitable. She usually sells her crops in the central bazaar, earning a monthly income of 120 AZN.
In her country fresh fruits and vegetables are in high demand. Fruit and fresh fruit drinks are often found on an Azerbaijan family’s table. People also use fresh vegetables every day and consider them healthy. Many national dishes such as pilau and dolmas are made from vegetables.
As fresh produce is in high demand, Vusala wants to expand her farm. She knows producing more fruits and vegetables to meet market demands will increase her monthly income. For this purpose she has applied for a 1000 AZN loan from Aqroinvest Credit Union. With it she will buy new garden tools, seeds and fertilizer.
About Aqroinvest:Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.
In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.
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