Zulayya is 37 years old, and a married mother of three children. She sells a variety of products in her shop, such as sugar, sweets, dish washer, and shampoo. Her husband is a driver. She has eight years of experience in the shopkeeping field. People in her town are the regular customers for purchasing food products and other available items at the store. Her monthly profit from selling products is 150 AZN.
Her elder son helps her to sell products in the shop. She is a very successful entrepreneur, because of the shop's good location in the bazaar of her home city. Zulayya wants to expand her business and to buy more products, because this business is only one financial income in her family. For this purpose, she applied for a loan of 1,900 AZN. She has a good client history; this will be her fourth loan.
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.