Guldasta is a 38-year-old woman, divorced, with two children. She is a market vendor and has sold women's clothes for the last three years.
She started her business because her husband left her without daily bread and he was not helping her after divorce. Now she rents a place on the central bazaar and her monthly income is AZN 130. Her older son helps her to sell clothes.
Guldasta knows the taste of her customers very well and that’s why her business is successful. She applied for a loan of AZN 1500 to purchase clothes for the upcoming spring season. 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.