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:
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.