Javid is a 29-year-old man. He is married and has two children. For the past nine years he has been driving a taxi, which has been a profitable business. It is the main source of income for the family, but he also needs more support to cover the costs from time to time. He is requesting a loan of 2,000 AZN from VFAC to help him cover the costs of purchasing necessary spare parts for the car. This will increase the capacity to work extra hours and enable Javid to improve his family's income.
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.