Sevda is 50 years old and a mother of three children. She is a shopkeeper. Sevda has dedicated 25 years of her life to this occupation. Besides this, she is a very caring mother. After several difficulties in life, such as her house catching fire, Sevda is now more determined in her business.
Now, she wants to use this loan to buy more products for her shop, in order to increase the revenue and to have enough money to repair her house.
Sevda has already taken three loans from Aqroinvest Credit Union in the past. With a good loan history, she has applied for a fourth loan of AZN 1,800. She hopes that the loan will help make her dreams a reality.
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.