Xatgul is a 50-year-old wonam and the lovely mother of three children. She is a hard-working businesswoman who runs a clothing business. Xatgul offers dresses, pants, and underwear. Xatgul has been operating the business for last five years. This is her first loan from AqroInvest and Kiva. She plans to use the loan to buy more clothing material. The extra income from this loan will allow her to improve her standard of living. In the future, Xatgul plans to enlarge her store.
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.