Sahil has two businesses to support his family. He owns six cattle and runs a taxi-driving service. He has been doing this for about nine years. The members of his family help with the agriculture business. He sells the milk, cheese, yogurt and butter in his village and at the bazaar. His plans for the future are to help each member of his family start their own business.
Sahil is applying for a loan of 1000 Azerbaijani manats (AZN) to help his son to buy musical instruments, to help his eldest son to build a business, and to keep his own business in progress.
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.