Basti is a very kind and diligent woman. She is 52 years old and single. She has thirty years of experience managing a small grocery in Agsu region. This is the third time that Basti is receiving a loan from Agroinvest CU.
In conclusion, her aim is to expand her local business with a new loan of 1600 AZN (Azerbaijani Manats). With the loan she will buy various products for inventory. Her net profit will be 120 AZN. Basti hopes that she will not only get profit, but also help to improve the welfare of the community, because she plans to sell products at low prices.
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.