Umud is an entrepreneurial person who is married and has one son, age 17.
He has been busy with animal husbandry for more than 20 years. He raises and sells sheep, cheese and wool in the local market and has many customers. He wants to increase his husbandry business and from the income to build a stall for his animals to care better for them and to attract a large number of customers.
Umud is looking for a loan to buy more sheep. He will then be able to make financial progress, providing his household with good earnings.
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.