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FINCA Azerbaijan opens cash desk in Shirvan branch

Business Materials 12 December 2012 16:50 (UTC +04:00)

Azerbaijan, Baku, Dec. 12 /Trend/

To provide a high level quality services to customers in December, 2012 FINCA Azerbaijan opened cash desk in Shirvan branch, located in southern region, the organization's report stated on Wednesday.

FINCA Azerbaijan 's Shirvan branch given its first loan in May, 2006. Now the branch provides more than 6519 clients and entrepreneurs in Haciqabul, Neftchala, Shirvan and Salyan with the different loan products to support them to increase their living standards and to develop personal businesses. Most of the branch's clients are engaged in trade, production and farming. Current loan portfolio of the branch is $ 7 307 670.

Clients who apply the branch can receive Rural Group Loan, Solidarity Group Loan, Individual Express Loan, Small and Medium Entrepreneur's Loan, and Individual Agricultural Loans.

FINCA Azerbaijan is a subsidiary company of FINCA International a not-for-profit micro-financial services organization operating in 21 countries on five continents, creating a global network of shared expertise. FINCA's mission is providing financial services to low-income entrepreneurs so they can create jobs, build assets and improve their standard of living. As one of the leading MFIs in the country, FINCA Azerbaijan serves over 130,000 active clients through 29 branch and 35 sub-branch offices, providing clients with a range of financial products and services including Rural Group Loan, Solidarity Group Loan, Individual Express Loan, Small and Medium Entrepreneur's Loan, and Individual Agricultural Loans, enabling them to improve their livelihoods. FINCA Azerbaijan is committed to the highest commercial principles of performance and sustainability.

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