Azerbaijan SME Support through Financial Sector Development Project, supported by the U. S. Agency for International Development (USAID) and implemented by ACDI/VOCA will start the implementation of its Rural Finance Training Program for Banks and Leasing Companies at the Azerbaijan Bank Training Center (35, Azerbaijan Avenue) on Tuesday, August 8-11, 2006.
The program will help the financial sector professionals understand the unique aspects of rural enterprises and agricultural producers and processors, Trend reports quoting the USA Embassy in Azerbaijan. The training will enable the participants to understand the special challenges associated with rural and agricultural finance related to the micro, small and medium entrepreneurs. The participants will also develop an understanding of new and innovative lending approaches for agriculture and rural areas and become familiar with alternate ways of offering rural finance services.
The training will be held by Ms. Elena Nelson, Senior Rural Finance Specialist at ACDI/VOCA, in cooperation with local experts.