Kamala, age 41, sells food products such as tea, sugar, and sweets, as well as common household items in her market shop. She has been engaged in this business for the past five years. She is a very hard-working woman and knows her business by heart. She has good relationships with her neighbors and clients, many of whom buy products daily from her market.
Kamala is unmarried and lives with her parents, who are in ill health. She divides her time between taking care of her parents and managing her store. Thanks to her business, she generates the income necessary to support the family. Her monthly business profit is 170 AZN. She loves her work and puts her heart into it.
At present, Kamala does not have enough funds to buy many needed inventory items for her store. For this reason, and because she has a good loan history, Kamala is requesting her fifth loan from Aqroinvest. Repaying this loan is her top priority, as is evidenced by her positive loan history.
With her loan funds of 1,900 AZN, Kamala will invest in her business by buying a variety of products to offer for sale.
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.