Zamig is 32 years old. He is married and the father of two little children. They all live together with his parents and brother. His parents are pensioners.
The source of income for the family is from a grocery store and agricultural activities. Zamig’s wife and parents are engaged in agriculture. They have milk cows whose milk is used in cheese production. They sell cheese locally in an open market. Zamig and his brother work at a grocery store they have rented.
Zamig requested a loan from VFAC to purchase basic groceries. This will keep the store developed and increase the income of the family.
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.