Sabina is 21 years old and she is married with one daughter. Sabina is an IDP (internally displaced person) and lives with her husband and kids in the Bilasuvar IDP Settlement. Sabina is a Jabrayili refugee. She is very kind, caring and also very energetic in her work. Sabina raises cattle, fattens them and sells them for a profitable price. Her husband is the major support for her in this business.
She sells meat at the central bazaar for profits. In Azerbaijan, there is a high demand for meat, because it is used in a lot of meals, such as kufta (soup), kababs, dolma etc. Her income from this business is 80 AZN per month. In order to fully support the family, Sabina is looking forward to expanding the business and making it very successful.
This is the second time Sabina has applied for a loan of 2000 AZN in Aqroinvest, to buy four calves. Sabina at this very young age and with a great passion and energy plans to become a successful businesswoman in the town.
Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.
In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.