Sabir has been breeding bees for honey, beeswax and other products, as well as for the pollination of crops in order to increase their productivity. He has been in this business for more 16 years. He needs to buy crates for bees, so he applied for a loan of 1,200 AZN.
Sabir is married and has three children ages 19, 17 and 15. He works as a teacher of mathematics and private tutor by profession.
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.