Mayis has 18 years of experience as a barber. Today he faces temporary difficulties such as a shortage of equipment and an incomplete work place. The construction of his own workshop is not finished and he currently works at his friend's shop. Mayis is a father of two teenage sons. One of them is working as a waiter and helps support the family needs.
The reason he has applied for this loan is that he wants to start a trading business with his wife. They will buy women's clothing, perfumes, cosmetics and other small things to re-sell.
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.