Kamaladdin is a 54-year-old person who is engaged in agriculture. He lives with his wife and four children. He has been in his business for 13 years. When he started to work, he had 10 sheep on his farm. First he applied to VFAC for 1000 Azerbaijani manats (AZN) to buy a cow and, to this day, he has finished and has 10 cows.
Kamaladdin applied for a loan of 1000 AZN to buy 10 more sheep for fattening to sell at the bazaar. Kamaladdin is a hardworking and reliable person. As a result of his hard work, he has expanded his business.
About VisionFund AzerCredit
This loan is administered by VisionFund AzerCredit (VF AzerCredit). VF AzerCredit is part of VisionFund International, which has microfinance banking operations in 40 countries. VF AzerCredit aims to provide sustainable financial services for people in Azerbaijan who are not able to access financing through the conventional banking system.
With branches stretching across Azerbaijan, VF AzerCredit currently serves over 40,000 active clients with a variety of loan products. Of over 20 regions in which VF AzerCredit operates, a strong majority are comparatively underserved rural areas.