Zumrud is 33 years old. She has dedicated most of her time to caring for her children and administering her store, in which she sells common household items. Thanks to her work, she generates the income necessary to support her family. She loves her work and puts her heart into it. From this business, her monthly profit is 170 AZN.
Zumrud's husband is a worker, but sometimes he also helps her to sell products. She sells tea, sugar, sweets and other items. She does not have enough funds to buy more products for her market. Because of that, Zumrud needs a loan.
She has already taken 5 loans from Aqroinvest in the past. With a good loan history, she has applied for sixth loan of 2000 AZN. With this money, she wants to invest in her business and buy more products. Her good client history indicates her willingness to repay.
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.