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:
Vision Fund AzerCredit was established in 1996 to provide credit to ensure people can take control over their own lives and livelihoods.
While VF AzerCredit works both in the urban and rural areas of Azerbaijan, the emphasis is placed on providing loans to micro and small rural entrepreneurs and self-employed poor, covering remote areas, which are not bankable.
AzerCredit provides group loans, agriculture loans and household and family loans for small and micro entrepreneurs.