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In English Azərbaycan dilində
Welcome to VF AzerCredit Non-Banking Credit Organization
OUR MISSION IS TO PROVIDE FINANCIAL SERVICES
WHICH HAVE A POSITIVE IMPACT ON THE LIVES
OF THE POOR

VisionFund AzerCredit was initially created in 1996 as a program of World Vision, a worldwide relief and development organization, to provide credit to ensure people can take control over their own lives and livelihoods. In 2002 VF AzerCredit was successfully registered as a Limited Liability Company and obtained Central Bank license in 2003.

Although much has changed since then, the vision of VF AzerCredit is still to assist people in developing a positive and self-sustainable lifestyle.

The mission of VF AzerCredit is to provide financial services which have a positive impact on the lives of the poor.

VF AzerCredit currently operates 39 outlets in 32 districts, 22 of which are comparatively underserved rural areas. Rapid growth of the branch network in underserved rural areas provides the foundation for sustainable growth in the coming years.

The total number of active borrowers is over 76,000 and the portfolio is more than $76 million. In line with these figures, VF AzerCredit keeps an outstanding portfolio quality, as PAR>30d is around 0.6%.

Being an equal employment opportunity provider, VF AzerCredit employs about 600 staff members, who are the main asset of the organization.

VF AzerCredit`s leadership on Azerbaijan microfinance market and active improvement of internal systems creates a perfect environment for future development of the organization and expansion into many more rural and remote areas, which will be the focus of the organization for the coming years.

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Our Latest News

March 2014

| April, Month of Microfinance
Always recognizing the importance of awareness raising, VF AzerCredit joins the April-Month of Microfinance Initiative.…
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February 2014

| VF AZERCREDIT REDUCES INTEREST RATES
VF AzerCredit understands and considers the needs and preferences of customers always delivering the products affordable…
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January 2014

| AZERCREDIT RECEIVED TWO AWARDS AT AMFA AWARD DINNER 2014
VF AzerCredit’s latest achievements were jointly recognized by AMFA and international organizations at this year’s AMFA Awa…
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December 2013

| CHILD LABOR PREVENTION PROJECT ENDED THE INITIATIVE TO BE TAKEN OVER BY THE LOCAL AUTHORITIES
Though in Azerbaijan the issue of the abuse of child labor is not extremely apparent, we still meet such parents,…
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November 2013

| SEVEN NEW BRANCHES OPENED IN 2013
With the aim to expand its network to reach out to more people who earn little income but are willing to succeed in their…
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October 2013

| VF AzerCredit Received “Best Microfinance Company” Award from International Finance Magazine
London-based International Finance Magazine has conferred Best Microfinance Company Award on VF AzerCredit under this…
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September 2013

| Kindergarten in Banovshalar Village, Aghdam Renovated by VF AzerCredit
Before renovation After Renovation Most part of Aghdam District is under occupation and the remaining parts…
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August 2013

| Park Named after C.Mustafayev in Shabran Renovated by VF AzerCredit for Local Community
The importance of play to young children’s healthy development and learning has been documented beyond question by v…
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Hot line: (+994 50) 287 30 37

©2014 Vision Fund AzerCredit LLC
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World Business Center, 3rd floor,
S. Rahimov/S.Vurgun Streets’ crossing,
block 309, Baku


Phone: (+994 12) 597 48 17
(+994 12) 597 48 18

Fax:   (+994 12) 597 30 39

E-mail: azercredit@azercredit.az