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:
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.