Kamala, age 43, is a widow with two children. She has been running a grocery store for the past eight years. She has gained a great deal of experience during this time and her son helps her in the business. Her profit from this business is 180 AZN. This will be her third loan from Aqroinvest, and she has a good loan history.
Due to dwindling business capital, Kamala's business profit has recently decreased as her goods reserve has drastically declined. She has applied for a loan in the amount of 1,800 AZN in order to purchase foodstuffs in large quantities. As a result, she will be able to continue to sell foodstuffs without worrying about an inventory shortage.
Kamala is a very hard-working individual who strives for a better future.
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.