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Umud is an entrepreneurial person who is married and has one son, age 17.

He has been busy with animal husbandry for more than 20 years. He raises and sells sheep, cheese and wool in the local market and has many customers. He wants to increase his husbandry business and from the income to build a stall for his animals to care better for them and to attract a large number of customers.

Umud is looking for a loan to buy more sheep. He will then be able to make financial progress, providing his household with good earnings.

Additional Information

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.

About Azerbaijan

  • $10,800
    Average annual income
  • 31
    View loans »
    Azerbaijan Loans Fundraising
  • $14,902,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD