Tahira is 46 years old, married and has one daughter. Her husband is a driver but his salary is not enough to meet their family's needs. Because of that, Tahira rents a store where she is selling food products. She has 10 years of experience in this field. Tahira sells from Monday to Sunday to customers who visit her shop daily. The customers include her neighbors and friends, as her business is located near her house. From this business, her monthly profit is 150 AZN.
Tahira is requesting a loan of 2000 AZN to buy more food products such as soft drinks, juices, bread, cookies, milk, eggs, cheese, water, beans, sugar and butter. With the support of this loan, she hopes to increase her inventory and thus the volume of her sales.
She has a good credit history and this is her third loan. She hopes to get money to expand her business in the future. Tahira awaits your support.
Aqroinvest Credit Union was founded in 2001 by a group of 32 farmers from Imishli. It has since grown to become the largest credit union in Azerbaijan, owned by its more than 5,400 borrowers and boasting a portfolio of nearly US$12 million.
AqroInvest is focused on providing loans to the following groups of people: rural farmers, people living in distant southern villages with little or no access to finance and internally displaced people and refugees, many of whom lost their homes and livelihoods during the violent conflicts in the 1990s.
In May 2011, Aqroinvest started a new project with Kiva proving higher education loans to students. The project gives students the support and financing they need to continue their education and helps pay for tuition fees at various universities in Azerbaijan. Aqroinvest is the first credit union in the country to offer students loans.