Almaz is a farmer from Agsu. She is 56 years old and lives with her three children. Almaz is a widow. Her family is very close and they support one another.
Almaz and her son run an agricultural business. They own a plot of land where they grow fruit and vegetables. They sell vegetables and fruit in nearby villages. Almaz requested a loan for purchasing fertilizers and additional vegetables and fruit for sale. She has a good credit history and good morals. Her previous loan did her good, as through it she has gotten the economic resources she needed. She is certain that she will pay off the debt and at the same time give her family a better life.
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.