Today FINCA Azerbaijan has held the opening ceremony of the Central Branch office in Baku. Located in the. A. Maharramov 3004 street FINCA Azerbaijan's Central Branch provides a wide range of loans for small and medium enterprises of Absheron region.
Customers applying the Central Branch and providing the minimum number of documents in the short period of time can get Solidarity Group Loan, Individual Express Loan, Small and Medium Entrepreneur's Loan.
"It is important for us that each person who applied for the credit to our organization regardless of income level to be able to build their own business and achieve better standards of living," Manish Sane, CEO of FINCA Azerbaijan, who participated at the opening ceremony of the new branch office, said. According to him, to provide the better service in the future FINCA is planning to open new branches in Baku.
Central Branch of FINCA Azerbaijan operating in Absheron region since 2006 provides services to approximately 5,000 customers, portfolio of the branch is $5 million. Customers can receive a loan of $ 50 AZN/50 USD - $50,000.
FINCA Azerbaijan is a subsidiary company of FINCA Microfinance Holdings (FMH), which is owned and managed by FINCA International, Inc., a not-for-profit micro-financial services organization operating in 21 countries on five continents, creating a global network of shared expertise.
FMH leverages the funding of socially-responsible investment partners who share FINCA's mission of 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 120,000 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.