FINCA Azerbaijan’s Lokbatan branch increases number of clients
Azerbaijan, Baku, March 18 / Trend /
Lokbatan branch of FINCA Azerbaijan located on the 2nd floor of the Bina Shopping Center, granted loan to the 1,000th client. As a result of the professional and successful activities of the branch the loan portfolio compared with the last year increased by 62% and become more than $4.5 million.
Lokbatan branch offers FINCA Express and Small and Medium Entrepreneurs Loans to small and medium businessmen who work in Sadarak and Bina Shopping Centers.
Entrepreneurs who apply to the branch by providing the minimum number of documents in a short period of time will be able to get loans up to $50,000.
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 more than 135,000 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.