Ilham is 30 years old and lives in Azerbaijan. He is married with two children, and his eldest child is going to school. For the past 3 years, Ilham has been working hard to manage a boutique which sells shoes. As a result, he has managed to grow the business and he has opened another clothes boutique.
The loan will be used to buy more shoes and clothes for resale. Ilham plans to further develop his business, as he wants to support his children's education to give them a modern education at an advanced level. He works hard to realize his goals by adding goods that will attract more customers, and produce greater profits.
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.