Mamed lives with his family, his wife and daughter. At a young age, he began working at a reinforced concrete shop. Since then, he has found this line of work to be interesting and very productive. In addition, he likes the idea of being his own boss. He works with four assistants every day in his own workshop.
Mamed works hard for his family's happiness. He is applying for a loan from Kiva's partner, VFAC for the dowry for his daughter, since he can't afford taking this amount directly from his business capital.
He hopes to keep on responding to his family's needs and expanding his business.
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.