Shalala is 43 years old and married with 5 children. She is a market vendor who sells different kinds of goods such as cookies, pastas, ketchup, tea, and candies. She has 6 years of experience in this field. Her shop located in the central bazaar, which helps to make her business successful because a lot of people visit the bazaar during the day.
Shalala's monthly income is 100 AZN, which is too small to cover the needs of her beloved children. Her husband is a builder, and his salary is not permanent. To improve their financial situation, Shalala has decided to improve her business. She has applied for a loan of 1800 AZN to restock and diversify her inventory of food products. This will be her second loan, and she has a good loan 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.