Sevda is 58 years old and a widowed woman. She has three daughters and one son. She is happy with her family, because her daughters are married and now Sevda has grandchildren. She dedicated her life to her kids, earning money by selling food products.
Sevda has a small store in her own city .Her son is also helping her in this business .Her profit from this business is 120 AZN but it’s not enough to take care of her family and to buy daily-use products .For that, Sevda needs a loan of 2000 AZN to expand her business in order to buy products. With a good loan history, she has applied for her third loan .Sevda thanks Kiva for helping her.
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.