Svetlana is a businesswoman who sells furniture and household appliances for cash and on credit. She started this business four years ago with a variety of products.
Svetlana hopes to receive a loan from AqroInvest so that she can invest in more products to increase her sales. This is her third loan from AqroInvest. With this new loan, in the amount of 2,000 AZN, she will buy two wooden double beds. This will enable her to sell them to her customers at a good price.
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.