CredAgro is a non-profit, non-governmental lending organization in Azerbaijan that provides access to working capital and investment loans for farmers and agriculturally-related rural enterprises that have difficulty obtaining credit from other sources. By doing so, CredAgro seeks to improve the financial well being and standard of living of borrowers and to enhance the economic development of Azerbaijan.
United States Agency for International Development
- The United States Agency for International Development (USAID) is the main provider of bilateral development and humanitarian assistance for the United States Government
- Since 1993, USAID has spent more than $200 million on activities in Azerbaijan. USAID's program in Azerbaijan is focused on private sector development, economic reform, civil society and democratic reform, and humanitarian assistance to refugees and IDP's.
- In addition to the Azeri Rural Credit program, USAID is addressing the needs of small and medium enterprises through the provision of microcredit, development of agricultural input markets, transfer of production equipment and technology, business training and consulting, and promotion of economic reforms. For more information, please contact USAID at (3272) 980335.
Agricultural Cooperative Development International/Volunteers in Overseas Cooperative Assistance:
-
Is a U.S. private, nonprofit international development organization founded in 1997 when ACDI (established 1963) and VOCA (established 1970) joined forces.
-
Upon request, provides accomplished specialists to introduce proven ideas, technologies, and management practices to farmers, businesses, government agencies, and other entities .
-
Enables developing/emerging market countries to address pressing economic and food concerns, along with enabling entrepreneurs to become stronger participants in local, regional, and global marketplaces.
-
Has as one of its seven goals the creation and development of self-sustaining, readily accessible financial institutions.
-
Has experience in over 135 developing/emerging market countries, and in 2001 alone, administered sixty projects in forty of these countries.
-
Is a participant in the U.S. Silk Road Caucus to restore the famed ancient route as a channel, once again, for economic, political, and cultural exchange.
-
Has provided services to Azerbaijan since 1996 and is currently administering the following programs: Farmer-to-Farmer; Central Area Economic Opportunities Project (CEO); Azeri Rural Credit Project (ARC) - CredAgro.
|