Total loan portfolio of microfinance in Azerbaijan increased in April this year at $ 46.22 million, or 5.5%, to $ 887.242 million for 488 thousand customers.
Since the beginning of the year the figure rose by 9.5% and for the year - by 27.5 percent. The share of risky loans, compared with the beginning of the year increased by 1 percentage point to 2%.
According to the Azerbaijan Microfinance Association (AMFA), the largest creditor to its members remains of Accessbank, which accounted for 31.2% of all micro-credit.
Total registration was conducted on 33 microfinance institutions in the country. Their total assets are $ 4.33 billion. Among the microcredit borrowers 28% were women.
The report reflected the AMFA loans ranging from $ 100 to $ 20,000. - 15V-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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