Jeyran is a 52-year-old woman and is married with two sons. She is a market vendor and sells women's clothes in the bazaar. She has more than 10 years of experience in this field. She knows the taste of local ladies and doing her best to fulfill their needs. Her monthly income is 220 Azerbaijanian Manat (AZN), and she would like to increase it.
She was on pension when she started her business. Low financial income and the joblessness of her husband pushed her to start her own business which she is now proud of!
Jeyran applied for 1200 AZN to purchase seasonal clothes and cover customers' demand. This will be her first loan, and Jeyran promises to pay on time.
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.