Safadur is 45, married, and father of three daughters, ages 23, 21, and 19. His two eldest daughters are married; his third daughter is betrothed and will get married soon. He was a songster at the wedding parties. But, after the death of his last, fourth daughter, he stopped this activity.
Today, Safadur operates a grocery store where sells consumer goods. This store is the main income to support his family. Additionally, to earn extra money, he is engaged in the sheep-breeding business.
Safadur is a hard-bitten man and always tries to do his work himself. He wants to develop the sheep-breeding business. With the loan he has applied for, he plans to buy 35 head of lambs, to fatten them, and re-sell them at the bazaar located in the district where he lives.
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.