REGULAR SEMINAR HELD IN BP-AZERBAIJAN
Manager of the company for social investments Michael Hukngburg, manager of Micro-financing organization of Norway Bahman Asgarov and head of Micro-financing Bank in Azerbaijan Tomas Engelhard updated the role of micro financing in the social sphere.
It was noted that the poor are able to take credits in the form of small debts and deposits in the micro-financing banks. This method is already applied in several countries of world within past 25 years.
For today, Bp and its partners in the frame of social investments spend gratis finances for economic and social development of the populated areas located along the export oil and gas pipelines.
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