Ali is a 34-year-old man, who is engaged in animal husbandry and agriculture. This is the work of his wife and himself. They sell cattle, dairy products and meat. Ali and his wife also work as teachers, at the school located in the district where they live. They are the parents of three children, 3, 6, and 8 years of age.
Ali has a desire to create a sheep-breeding business and to increase the number of his dairy cows. He likes to plan his job, and also he is a well-educated person. He believes that, as a result of efforts, he will achieve all he desires.
Ali has applied for the family loan. He wants to buy furniture for his house, and the amount he requires is 1,000 AZN.
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.