Micro-finance was introduced into Azerbaijan in the mid-1990s as a strategy for addressing the economic requirements of as many as 1,000,000 internally displaced persons (IDPs) and refugees who were uprooted during the Nagorno-Karabakh conflict with Armenia.

In 1996 a group of international NGOs (INGOs) began offering micro-finance services to local low-income & war affected population in an effort to create income and employment opportunities. They started meet informally to share information about their operational experiences to address the constraints facing INGOs delivery credit with interest rates aimed at achieve sustainability. In December 2001, members of this informal, inter-agency working group decided to formalize the group into an association that would serve as the focal point on micro-finance in Azerbaijan. As a result ten INGOs signed a Memorandum of Understanding and developed by-laws which defined the purpose, activities, organizational structure and governance of the network, and thus officially inaugurated the Azerbaijan Micro-finance Association (AMFA).

NEWS

10

october

BORROW WISELY!

International BORROW WISELY! Campaign in Azerbaijan supported by AMFA and VF AzerCredit          The third annual BORROW WISELY! Campaign – a one month educational campaign aimed mainly at current and... daha çox

9

october

AMFA 4th Investors Fair

Baku, October 9, 2015 Azerbaijan Micro-finance Association (AMFA) hosted Investors’ Fair titled “On the Pathway to Responsible Micro-finance”. The fair  aimed to create bridge between members- Micro-finance institutions, banks and... daha çox

4

july

First 20 Financial Education Trainers of Azerbaijan are certified!

Under the EU funded “Building female professionals and promoting women entrepreneurship development in rural regions of Azerbaijan” project implemented by AMFA in cooperation with MFC, on 4-5 July 2015 evaluation and certification of first... daha çox

3

july

Loan Officer Training

On 2-5 July, 2014 Azerbaijan Micro-finance Association (AMFA) and PASHA Bank held Loan Officer training in Baku for Microfinance Institutions of the Pasha Bank Technical Assistance Program 2014 aiming to support capacity building of microfinance... daha çox

17

may

“Plan Your Future” Trainings in the regions of Azerbaijan

Under the EU funded “Building female professionals and promoting women entrepreneurship development in rural regions of Azerbaijan” project implemented by AMFA in cooperation with MFC, fifteen trainings “Plan Your Future” were conducted... daha çox

AMFA presents its annual report every year. To analyze out last report, you can check the link on the right site.

YEARLY REPORT