Xirda is 50 years old and not married. She lives with her parents in her own city. She is selling food products such as macaroni, rice, candies, cookies, sugar and beverages. Her brother is helping her in this business. This is only source of income to their family, and from this business her monthly profit is about 150 AZN. She has 8 years of experience in this field.
People in her town are regular customers who purchase food products and other available items at the store. She is a very successful entrepreneur because of her good location in the bazaar of her home city.
Xirda wants to expand her business and to buy more products. For this purpose she applied for 2,000 AZN. She has a good client history and this will be her 2nd 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.