Vagif is 57 years old. He is married and the father of two children. Vagif and his family live and work in the rural village. His wife and daughter work at home, taking care of animals and producing the milk products. His son helps him in selling meat, yogurt, milk and poultry.
Vagif himself is a farmer. He has 17 years of experience in this area. He earns his living in farming by persistent work. He would like to expand his business, since his children are grown, and he needs to marry them and provide them with housing. He plans to start a fruit and vegetable selling business, in particular. Now, he is requesting a loan to buy sheep, a cow with its calf and poultry. He plans to use the income for the marriage of his son.
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.