Yazgul is a 50-year-old married woman and mother of son who is studying to go to college. Her husband is a war veteran. The management of the family is under Yazgul's control. For the last 19 years, she and her husband have been raising and selling cattle and milk products, which has been a profitable project, but also needs more support to cover the family's needs.
The number of cattle is growing, and she is finding it a problem to have stalls for all animals. In future from the income, she wants to build a new stall.
She is requesting a 400 AZN loan from VFAC to help her to cover the costs of planting corn and alfalfa. This will expand their project, increase sales and improve the family's income.
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.