Sadagat’s daughter is getting married. According to the custom in Azerbaijan, when a daughter is to be married a dowry such as furniture, appliances and other needed items is part of the marriage arrangement. How much the dowry is depends on the financial status of the daughter’s parents.
Sadagat is applying for a 1000 AZN loan to provide her daughter with a dowry of furniture. The loan will also be used to cover wedding expenses.
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.
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