Gulnaz is 41 years old, married, and has three children. She is a farmer, raising and selling seasonal fruits and vegetables, which she has been doing for over 10 years. Her monthly income is 120 AZN.
Gulnaz usually sells her crop in the central bazaar. People use fresh vegetables every day and consider them healthy. Many national dishes are made of vegetables. Fresh fruits are served at every table in Azerbaijan families.
Gulnaz is requesting a loan for 2,000 AZN, which she will use to invest in seeds and fertilizers as well as to buy more fruits and vegetables for her shop. This will allow her to improve the quality of products she raises and increase monthly turnover. Raising crops takes a lot of strength so Gulnaz's son helps her with the farm.
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.