Yasemen is married; she is 50 years old. Her daughter is married. Yasemen's husband works as an electrician and earns a salary of AZN 300.
Yasemen started her business of livestock breeding after the collapse of the Soviet Union. When the factory where her husband has been working was closed, to earn money to provide her family, she started an agriculture business with one cow that she had in her yard. She was selling milk and yogurt. Thanks to perseverence and hard work, Yasemen was able to develop her business. Currently she has six cows and four head of cattle.
Yasemen wants to develop her business. She asked for a loan in the amount of AZN 1,000 for the purchase of sheep. She plans to invest the income from the loan in developing her business and in improving the family's welfare.
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.