Teymur is 34 and married. He has been in the agriculture/livestock type of activity for a long time. He sells dairy products. The financial support of his family depends on how he contains his animals and from milk and milk products sales.
Teymur has submitted his application to VFAC for a loan of 1,500 AZN to purchase a head of cattle. Now that he is being told about the possibilities of borrowing from Kiva lenders, he is excited and wants to thank lenders in advance.
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.