MICROFINANCING BANK GRANTED OVER 1500 CREDITS

The total amount of the credits granted by the Azerbaijan Microfinancing Bank has reached $2,6 million. Over 1500 of them were to repaid before October 1. According the bank’s official, Over 2300 credits to the amount of $4,3 million have been granted, and over 800 completely repaid for the eleven months. Besides, the bank provides $10 thousand 6-month micro credits, and $10-30 thousand 12 -month small credits, interest rates ate 3% and 2,5% respectively.