Azerbaijan Micro-finance Bank (AMFB) and International Finance Fund Triodos signed a contract regarding receiving of the credit amounting to $2 million, the Chairman of the AMFB Executive Board Andrew Pospielovski told Trend.
The credit finance will be directed towards supporting the development of micro, small and medium business in Azerbaijan. The contract is intended for two years. It is the second credit line from Triodos.
The credit is allocated in line with two funds: Stichting Triodos-Doen and Рё Triodos Fair Share Fund.
Today AMFB has attracted $36.5 mln for development of micro, small and medium business in Azerbaijan. Nearly 30 thousand credits have been allocated through this finance.
Triodos in an international leader in supporting microfinance institutions and we are glad that this organization supports the activities of AMFB in the development of micro, small and medium business in Azerbaijan, Pospielovski underlined.