FINCA Results

Measuring Our Impact

Social Performance Management

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  • Approach
    • FINCA’s Mission
    • Survey Methodology
    • Data Sources
  • Indicators
    • Financial Inclusion
    • Living Standards
    • Income & Employment
    • Women’s Empowerment
    • Clients’ Goals
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  • News

Azerbaijan

Extremely bad economic circumstances have forced FINCA to drastically reduce its presence in Azerbaijan. Once the largest non-bank credit organization in the country, FINCA has had to dramatically scale-back its operations in the country. We are not alone: according to the global Findex survey, Azerbaijan is one of the few countries in the world where financial exclusion is on the rise.

This restructuring has undoubtedly changed the profile of FINCA's customers from when we first started collecting data. In the absence of any other data, we display the historical indicators below as a matter of interest, but they should not be considered representative of the current client base. If conditions change for the better one day, FINCA can hope to revive its operations and its outreach to a population that is increasingly excluded from formal financial services.

Explore Azerbaijan Data ↓

Financial Inclusion

Azerbaijan:
Reaching the Financially Excluded

71% Adult population financially excluded
950 25% Female borrowers % #
3,747 Total FINCA clients
2,323 62% Borrowers in rural areas % #
3,747 Total FINCA borrowers
View All Financial Inclusion Data

Living Standards

Azerbaijan:
Quality of Life

1,049 28% Client homes without water % #
0 0% Client homes without electricity % #
2,173 58% Client homes without access to Internet % #
37 1% Clients who don’t own their home % #
111 3% Head of household with primary education or less % #
View All Living Standards Data

Income & Employment

Azerbaijan:
Income & Employment

$10,348 42% Average annual profit % #
1.8 Average # of employees per client enterprise
6,793 People employed in FINCA-funded enterprises
4,492 66% Employees hired due to FINCA loan % #
6,134 90% Wages paid above the poverty line % #
Explore FINCA Loan Sectors
View All Income & Employment Data

Women’s Empowerment

Azerbaijan:
Empowering Women

950 25% Female borrowers % #
361 10% Clients with female-headed household % #
623 17% Households with female as main earner % #
1,177 31% Businesses run by women % #
2,173 32% Women employed by enterprises Avg. #
2,167 32% Jobs created by women % #
View All Women’s Empowerment Data

Clients’ Goals

Azerbaijan:
Attaining Business and Personal Goals

Goals Set By FINCA Borrowers
Goals Met By FINCA Borrowers
75 2% Start a business % #
1,971 53% Expand a business % #
41 1% Invest in education % #
1,012 27% Improve their home % #
307 8% Buy an asset % #
176 5% Pay down debts % #
70 94% Start a business % #
1,799 91% Expand a business % #
36 88% Invest in education % #
647 64% Improve their home % #
297 97% Buy an asset % #
149 84% Pay down debts % #
View All Clients’ Goals Data

Special Topics

Azerbaijan:
Poverty, Economic Sectors, Jobs and Profits

FINCA Loan Sectors

802 21% Trade % #
1,278 34% Services % #
277 7% Manufacturing % #
667 18% Crops % #
723 19% Livestock % #

Profit and Profit/Sales Ratio by Sector

$16,653 27% Trade Profit/sales ratio Avg. profit
12,637 31% Services Profit/sales ratio Avg. profit
$9,568 51% Manufacturing Profit/sales ratio Avg. profit
$5,002 66% Crops Profit/sales ratio Avg. profit
$4,545 54% Livestock Profit/sales ratio Avg. profit

Jobs by Sector Due to FINCA Loan

845 19% Trade % #
1510 34% Services % #
373 8% Manufacturing % #
1,109 25% Crops % #
655 15% Livestock % #

Eurasia Stories

FINCA Kosovo Client Shadije Asllani

Reaping the Rewards of Asparagus in Kosovo

Shadije Asllani is a successful asparagus farmer in Kosovo. She used microfinance loans from FINCA to realize her dreams.
Read Shadije's Story
Konul Khalilova is employed by a FINCA client.

A Dream in Sight

Konul Khalilova is one of two employees at a busy women’s clothing shop, owned by a FINCA Azerbaijan client. Konul is a...
Read Konul's Story
Nanuli Nutsubidze, FINCA Georgia Client

Aunt Nanuli’s Pies

Nanuli lives in Gori, Georgia, near the railway station. She has a small kiosk on the platform selling very popular meat-filled fried...
Read Nanuli's Story

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