Hasangulu, 58, is a married man with one infant. Because of a lack of money, he has started working in agriculture. He raises and sells cattle, milk products and clover. His wife receives a pension. However, the income they earn is not enough, and he needs more support to cover his family's needs.
Hasangulu is requesting a loan of AZN 1600 to cover the costs of purchasing sheep and expanding and improving the herd's condition. The main challenge he faces is the lack of water on his land.
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.