Zarqalam is 37 years old with 3 children. She has been growing vegetables and fruits for more than 7 years now. She is very hardworking and passionate in her work. She considers it fun to grow potatoes, tomatoes, cucumbers, and fruit trees with her husband. She sells her crops in the central bazaar to earn profits in order to support her family.
Zarqalam’s income from her business is 350 AZN. In order to improve the living conditions of her family, she plans to expand her business. This requires a lot of dedication and effort. She believes in the near future her son will help her to grow the business bigger. Since her vegetable and fruit business is a profitable and fun business, she wants the business to continue and prosper.
She has already taken out 2 loans from Aqroinvest in the past. With a good loan history, she has applied for a third loan of 2,000 AZN. With this money, she wants to invest in the business and buy more fruit trees in order to generate more revenue.
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.