Khanbaji is 55 years old, married, and raising four children. She has a secondary education. As the main source of income for her family, she practices livestock breeding. Her family members help her to lead the husbandry. She sells calves.
For the purpose of further developing her business, she has applied for a loan in the amount of 800 AZN to buy cattle to fatten them up for resale on the market at a good price. Kahnbaji plans to invest the earnings from the loan into the further acquisition of livestock.
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.