Rahila is 55 years old, and married with three children. She is a market vendor and sells different kinds of goods, such as flour, beverages, macaroni, butter and candies. She has 20 years of experience and has deep knowledge of the market and demand of clients.
The food products she sells are very popular among people and in high demand. Her monthly profit from selling food is 120 AZN. Her husband helps to purchase products and brings them to the shop. This is the sole financial income for Rahila's family. She is a very successful entrepreneur because of good location, in the central bazaar of her home city.
Rahila applied for a 1,500 AZN loan in order to purchase more food products and to diversify the range of goods to cover customers' demand. This will be her second loan and she has a good client history.
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.