Tahmina is 50-years old, and a trader who sells different kinds of goods in her shop. She has 20 years of experience in this field. She is a widow and is raising two children alone. Tahmina had a very hard life and her beloved children bring her joy and happiness.
Owing to her business, she is able to raise the children and bring them necessary things. Her son helps her to sell food products such as candies, soaps, detergents, cookies, macaroni, and butter. Her monthly income is 300 AZN, but this is not enough for her family.
To improve her financial situation, Tahmina decided to increase the range of merchandise in her shop. For this purpose, she applied for a loan of 1500 AZN. This will be her second loan; she has 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.