Jalil, 43, is a farmer. He lives with his wife and three children who are studying at school. For more than 22 years, he has been doing mixed farming, producing vegetables and milk, which he sells at the local market. In the future, he wants to increase the number of animals, to start raising small livestock, simultaneously with cattle.
Jalil is requesting a AZN 1,000 loan from VisionFund AzerCredit LLC (VFAC) to purchase seeds and fertilizer. This will help him get more produce and generate extra income that will, in turn, help improve his family's living standards and support the education expenses of his children.
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.