Zeynab M. is a 57-year-old married woman with two children. For the past four years she has rented a store in the local market where she sells different kinds of food. She began her business to keep herself busy and active when her husband could not find a job. Her salary as a nurse was not enough to provide for even the basic needs of her children, and so now her small business is the main source of family income.
Zeynab works from 8am until 10pm, and her friendly and polite approach has earned her a large clientele. Now she would like to purchase more goods so that she can increase the range of products on offer. In this way she will be able to provide for her children's needs and pay their school fees. Zeynab promises to repay her loan within 15 months and thanks everybody who decides to support 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.