Raziyya is 34 years old, married, and has two children. She is a market vendor and sells different kinds of goods such as flour, beverages, macaronis, butter, and candies. She has five years of experience, and she has deep knowledge of the market and demand from clients.
The food products she sells are very popular and in high demand. Her monthly profit from selling foods is 100 AZN. She is a teacher in the local school and spends half of each day teaching children. Her mother helps to sell products while she is at school. This is the primary source of income for her family. She is a very successful entrepreneur because of her good location, in the central bazaar of her home city.
She applied for a 2,000 AZN loan to purchase more food products and to increase the variety of goods she offers in order to meet her customers' demand. This will be her second loan and she has 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.