Agamali is 62 years old, married, and the father of three adult children, ages 29, 32 and 35. His eldest son is married and lives separately, but works together with his father. Agamali lives with his wife and two children. His wife is provided with a retirement pension.
The family's activity and source of income for the past 30 years has been cattle-breeding. They have been selling milk and selling cattle for meat. There is a strong demand for their products that makes growth in their business. Yet, they work hard, both to keep good service and especially to meet the demand for their products.
This is the sixth time that Agamali is requesting a loan from VFAC. He has always repaid the loans without delay. Now he is requesting a loan to buy two refrigerators, which will be located in his and his son's houses. There, they will keep the milk products. Refrigeration will help them not to decline in the summer, when the weather is hot.
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.