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Ibadat lives with his wife and four adult children. The scope of his activities is agriculture. He buys a young calf, raises it and sells it for meat purposes. His children help him with the sales. His dream is to increase the income from the business and provide his children with a safe future.

Ibadat applied to VFAC for a loan to purchase calves. The loan will help him implement his plans and have a beneficial effect on the expansion of his activities.

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
  • 25
    View loans »
    Azerbaijan Loans Fundraising
  • $14,902,725
    Funds lent in using Kiva
  • 0.8
    Azerbaijan New Manats (AZN) = $1 USD