Aliskander is 64 years old. He is married and lives with his wife and son, daughter-in-law and grandson. Aliskander is a teacher at the local elementary school and his grandson is studying at the school where he is teaching.
Twelve years ago, to earn extra income and improve the family’s living conditions, he started a sheep-breeding business. His son works with him. They sell 70 head of sheep during a month. From the income Aliskander is building a house for his son in his yard. His son's family needs their own space.
Aliskander has requested a loan to buy barley and feed for the animals. He wants to use the profits from the loan to expand his business.
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.