Taleh is 30 years old. He is married and lives with his father who earns a 110 Azerbaijani manat (AZN) pension. Taleh earns a living through agriculture, selling yogurt, milk, cheese and meat. He has land under crop but because of a lack of money he can not engage in planting there.
This will be his third time requesting a loan via VFAC (Kiva's partner). Taleh is seeking a loan of 800 AZN in order to support his business by buying trefoil. This loan will help to support feeding his animals, and he can increase his income. He dreams of having a big family and tries to improve his family’s standard of living.
About VisionFund AzerCredit:
Vision Fund AzerCredit was established in 1996 to provide credit to ensure people can take control over their own lives and livelihoods.
While VF AzerCredit works both in the urban and rural areas of Azerbaijan, the emphasis is placed on providing loans to micro and small rural entrepreneurs and self-employed poor, covering remote areas, which are not bankable.
AzerCredit provides group loans, agriculture loans and household and family loans for small and micro entrepreneurs.