Ulkar is a 25-year-old married woman with two children. Ulkar and her husband have a great desire to educate their son and daughter because next year they are going to school. To make a living, Ulkar raises a garden, and she earns 200 AZN monthly with this work. Within five years of beginning farming she has been able to pay school fees for her children. Ulkar requested a loan of 1000 AZN to buy seedlings for planting this season. She is a new member of AqroInvest CU and this is her first loan. In the future, Ulkar plans to improve their house to live conveniently. Within five years of beginning farming she has been able to pay school fees for her children.
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.