Rahim, 50 years old, is married and has two children, aged 18 and 16. He is the only income earner in his family. Rahim is a tailor with 30 years’ experience. He repairs vehicle seats and sews new covers for seats. Rahim is a very cautious, responsible and respectable man among his clients. His plan is to get new sewing machines to improve the quality of the work and to expand his business. Rahim has requested a loan to purchase thread and other materials required for tailoring.
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.