Reyhan is a 52-year-old market vendor. She is married and has four children. Reyhan has been selling food items, beverages, toiletries, detergents, and clothes for the last 20 years. During these years, Reyhan has acquired the knowledge and skills required for her business. She is a very friendly and polite person, and she has regular clients who always come to her shop to buy something. Her spouse helps her sell the products.
Her monthly profit is 138 AZN, and she would like to increase it. From the products she sells, the most popular are butter, macaroni, cookies, and sugar, and she would like to purchase more of them for her shop. For this purpose, she applied for a 1,000 AZN 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.