Sadagat is a widow with one son aged 30. Since her husband died, she wanted to protect her son from feelings of want. Sadagat started to work a lot to ensure his education and future. By profession she is a nurse at the local hospital. But Sadagat has been engaged in agriculture for more than 25 years. Her primary income of source is animals: selling sheep and lambs for their meat and wool at the local bazaar. To earn extra income, she also works as a cook in local events like weddings and funerals.
Today, Sadagat has applied for a loan to buy a sheep and expand business in the future.
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.