Xanim is a 49-year-old woman, married with two children. She is an entrepreneur and sells drugs from a rented drugstore. She has 10 years of experience in this field. Her husband is a laborer, and her son just graduated from medical university and helps his mother a lot. Her monthly income is 130 AZN, and this is the only permanent income in her family, as her husband doesn’t have a permanent job.
Xanim applied for 1500 AZN to purchase more drugs for her drugstore.
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.