Microfinance in Azerbaijan:
Key statistics, MFIs, networks, funders and service providers.
The latest articles about microfinance in Azerbaijan.
Microfinance market overview and analysis.
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New Smart Note: Supporting Members to Adopt Client Protection at Azerbaijan Microfinance Association
May 24, 2012 - 1:18pm
from Center for Financial Inclusion Blog
> Posted by Maggie Long
The unique role of microfinance networks and associations in the industry’s adoption of client protection practices, while often overlooked, is quite extensive. For example, as the new Smart Note describes, the Azerbaijan Microfinance ...
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May 23, 2012 - 5:01am
from MicroCapital
“Diamonds No Longer Forever;” by Scott Gaul; published by Microfinance Information Exchange (MIX); April 2012; available at: http://www.themix.org/publications/microbanking-bulletin/2012/04/diamonds-no-longer-forever
This publication announces a change in ...
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May 22, 2012 - 5:01am
from MicroCapital
The European Bank for Reconstruction and Development (EBRD), an international financial institution headquartered in England, recently launched a EUR 35 million (USD 44.7 million) program called the Moldovan Residential Energy Efficiency Financing Facility (MoREEFF) to assist Moldovan households in reducing household energy usage and costs. Funds will be made available to local banks, such as Banca Comerciala Romana (BCR) Chisinau, a subsidiary of BCR Romania, that will receive the first ...
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May 18, 2012 - 12:47pm
from MicroCapital
The government of Angola reportedly has announced it plans to spend an amount approximately equivalent to USD 850 million during 2012 to facilitate access to credit for enterprises – including microenterprises – in the country. Licinio Vax Contreiras, advisor to Angola’s Economy Minister, reportedly said that the minister has chosen 14 unnamed banks to distribute the money. Mr Contreiras added that the government has created a policy that will help banks increase the speed at which they ...
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May 12, 2012 - 5:01am
from MicroCapital
“The Financial Behavior of Rural Residents: Findings from Five Latin American Countries;” by Jacqueline Urquizo; published by Accion; March 2012; 45 pages; available at:
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May 11, 2012 - 5:03am
from MicroCapital
The European Fund for Southeast Europe (EFSE) has reported to MicroCapital that it has made of the following amounts in support of microfinance during April 2012: USD 10 million to Ineco Bank of Armenia, USD 7 million to Megabank of Ukraine and approximately USD 6.66 million to Partner MikroKreditna Fondacija Tuzla of Bosnia and Herzegovina.
For the year 2011, Ineco Bank reported to the US-based nonprofit Microfinance Information Exchange (MIX) total assets of USD 230 million, a ...
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May 10, 2012 - 4:02am
from Microfinance Gateway News & Opinion
“Indian Microfinance Provider Finalist For Global Green Energy Award”
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May 7, 2012 - 3:51am
from Microfinance Gateway News & Opinion
“FINCA Azerbaijan awarded with seal of Pricing Transparency”
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May 7, 2012 - 3:47am
from Microfinance Gateway News & Opinion
“FINCA Azerbaijan awarded with seal of Pricing Transparency”
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May 4, 2012 - 1:17am
from Microfinance Gateway News & Opinion
“FINCA Azerbaijan awarded with seal of Pricing Transparency”
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April 30, 2012 - 2:02pm
from Google news - microfinance
MICROCAPITAL BRIEF: AccessBank of Azerbaijan Implements Loan Repayment by ...MicroCapitalMicrofinance institution (MFI) AccessBank of Azerbaijan, an affiliate of Germany's Access Microfinance Holding AG ...
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April 30, 2012 - 5:05am
from MicroCapital
Microfinance Information Exchange (MIX), a US-based nonprofit provider of data and analysis on microfinance institutions (MFIs), funders, networks and service providers dedicated to serving the financial needs of low-income clients, has released the names of 87 MFIs that have earned its winners of the Social Performance Reporting Award. The awards are distinguished by silver, gold and platinum winners.
The awards are intended to promote transparency regarding MFIs’ social ...
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April 30, 2012 - 5:05am
from MicroCapital
Microfinance institution (MFI) AccessBank of Azerbaijan, an affiliate of Germany’s Access Microfinance Holding AG (AccessHolding), recently announced the implementation of a new service allowing customers to make loan payments by telephone. Customers who use one of the bank’s plastic debit cards can now transfer funds from their cards towards debt repayment via AccessBank’s call center.
Mr Andrew Pospielovsky, general manager of AccessBank said “AccessBank continuously tries to ...
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April 27, 2012 - 1:32pm
from Center for Financial Inclusion Blog
> Posted by Lisa Kuhn Fraioli, Vice President, Latin America, Freedom from Hunger
This post is part of the Center for Financial Inclusion’s Expert Exchange: Building A Movement Toward Financial ...
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April 20, 2012 - 1:34pm
from Google news - microfinance
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) to ...MicroCapitalThe European Bank for ...
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April 20, 2012 - 5:02am
from MicroCapital
The European Bank for Reconstruction and Development, a financial institution headquartered in London, recently signed an agreement to loan USD 15 million to AccessBank, a microfinance institution in Azerbaijan. AccessBank plans to disburse the senior loan over a five-year period to expand its lending services to micro-, small and medium-sized enterprises (MSMEs) operating in regions of the country outside of the capital, Baku. The loan also is expected to improve the diversification and ...
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April 13, 2012 - 5:16pm
from Kiva.org
In addition to loans, many of our field partners go above and beyond by offering their clients additional services and support. To encourage these wraparound services, we established a Social Performance team here at Kiva and awarded these partners with badges corresponding to key areas of support. This series is designed to share stories ...
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April 6, 2012 - 2:30pm
from Center for Financial Inclusion Blog
> Posted by Laura Galindo
The microfinance crisis in Nicaragua dragged many institutions through the mud. Some institutions made it out and some did not. Without exception though, all of them had some cleaning up to do.
FUNDESER, headquartered in Managua, is a microfinance institution which was deeply affected by the worldwide credit crisis and the internal No Pago Movement across Nicaragua. After ...
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April 3, 2012 - 2:52pm
from MicroLinks News and Announcements
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March 23, 2012 - 5:39am
from MicroCapital
AccessBank, an Azerbaijan-based microfinance institution (MFI), recently announced that it has increased its share capital by 25 percent from AZN 67.8 million (USD 86 million) to AZN 85 million (USD 108 million). The increase is a result of the capitalization of a small amount of retained earnings from 2011 and an increase in the value of AccessBank shares from AZN 3.39 (USD 4.31) to AZN 4.25 (USD 5.41). The number of shares remains at 20 million, and their distribution among AccessBank’s ...
