Nazaket is 52 years old and the mother of two sons. She is a very hardworking lady because for 15 years she has grown fruits and vegetables in her yard and sold them in the bazaar. In this business her son also helps and from this business her monthly profit is 100 AZN. She also teaches pupils at school.
In Azerbaijan, fruit is in very high demand and people like to eat fresh fruit a lot. Besides her fruit, she also sells flowers. Nazaket is really optimistic about the future, regarding the expansion of her business, in order to raise the standard of living of her family.
For this, she has applied for a loan of 1,900 AZN. Nazaket has already taken a loan from Aqroinvest before. She is considered a good customer and this is her second loan.
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.