Azerbaijan, Baku, Sept. 18 /Trend/
On Wednesday FINCA Azerbaijan held an opening ceremony of the new office of Mardakan branch located at the Yesenin street 84, Baku city.
The representatives of FINCA Azerbaijan, representatives of the local authorities, and other financial structures as well as the branch's customers participated in the opening of the new office, FINCA's report released on Wednesday said.
Guests highlighted the stability in activity of the branch, high standards of work and professionalism of the staff. Mardakan branch has 2000 clients and $3 million loan portfolio.
Entrepreneurs who need a loan to increase their own business may receive a loan up to $100,000 by taking advantage of FINCA's loan products.
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During almost 15 years of activity FINCA Azerbaijan provided clients with loans in amount of almost $635. With 30 branches and 34 offices across the country provides financial services to almost 150,000 customers. Total credit portfolio of FINCA Azerbaijan is more that $153 million. According to these indicators FINCA Azerbaijan is not only the largest microfinance organization but also ranks among the largest banks in the country.
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