BTC and SCP Pipelines Community Investment Programme, Azerbaijan

FINCA

What is FINCA International?
What kind of organization is FINCA Azerbaijan?
What is the financial performance record of microfinance in Azerbaijan?
What is microfinance and how does it work?
Why do the government, international donors, and other important decision-makers believe that microfinance is a good development tool?
Why does FINCA charge commercial interest rates?
How are these interest rates determined?
Why are FINCA interest rates generally higher than commercial bank interest rates?
Does microfinance result in increased economic opportunity, increased employment and increased household income?
Does the government of Azerbaijan support microfinance?
How long will FINCA stay in Azerbaijan?
What happens to the BTC money (loan capital) plus the interest earned, when the program comes to an end?
Why did BTC/SCP choose to support a credit program as opposed to the many other options for development assistance?

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