Vision Fund Azerkredit Expanded Portfolio in H1 by 18.2%
The active credit portfolio of the non-bank credit organization Ltd. Vision Fund Azerkredit in January-June this year increased $ 7.63 million or 18.2% to $ 49.32 million.
The assets of the company for the period increased $ 9.92 million or 21.4% to $ 56.77 million. The total number of its customers increased 12.4% to 53.03 thousand people.
The share of problem loans in the portfolio rose by 0.05 percentage points to 0.45%. 34% of the borrowers were women (7 percentage points lower than it was at the end of last year).
Ltd. Vision Fund Azerkredit has operated since 2003. For all the time, the company has granted loans totaling $ 110.89 million. A loan is issued for a period of 3 to 30 months, and the amount is in the range $ 100 - $ 10,000. - 15B -
Economics
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