Organization: Invest Kredit

The Non Bank Credit Organization Invest Kredit LLC was founded in 2005 as IJMA KREDIT LLC. Since 2008 it is functioning as Invest Kredit NBCO. With the same mission Invest Kredit provides micro-credits to internally displaced people (IDPs) and other vulnerable segments of the population and aims to reduce financial dependency. These micro-credits serve as money for the clients to increase employment opportunities, to further develop income generating activities, and to improve their overall standard of living. In addition, Invest Kredit NBCO is the only MFI in the Caucasus, which gives loans to international refugees living in Azerbaijan. This successful project started in 2007 and today we have served over 50 international refugees living in Baku. It is useful to know that Invest Kredit NBCO is one of the very few MFIs in Azerbaijan founded by locals without international grants and support.