Vision Fund AzerCredit was established in 1996 as a program of World Vision Azerbaijan, a 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.  

While VF AzerCredit works both in the urban and rural areas of Azerbaijan, the emphasis is placed on providing loans to micro and small rural entrepreneurs and self-employed poor, covering remote areas which are not bankable.  VF AzerCredit currently serves more than 40,000 active clients, including IDPs (Internally Displaced Persons), through its 8 branches and 16 sub-branches mostly operating in rural areas.  VF AzerCredit operates in 21 regions, 14 of which are comparatively underserved rural areas.  Rapid growth of the branch network in underserved rural areas provides the foundation for continued growth in the coming years. 

Our Mission 
To provide financial services which have a positive impact on the lives of the poor.  The primary objective of VF AzerCredit is to provide loans to those who are not able to access facilities through the conventional banking system. 

Our Products and Services
Currently AzerCredit provides following products to the target clients: Group Urban and Group Rural Loans, Individual Urban and Agriculture Micro Loans, Individual Urban and Agriculture Small Loans and Household Loans for Small and Micro Entrepreneurs.

Social Performance
The organization is actively investing in developing social performance management system as a part of its strategic plan, as it looks to support the double bottom-line. The poverty measurement tool has been introduced and is permanently used at VF AzerCredit starting from October 2009. The poverty measurement tool provides an opportunity to measure the poverty level of targeted clients and in future will help gauge the impact of AzerCredit on the lives of the poor.

Customer Service
VF AzerCredit recently started active development of Customer Service Strategy. The first step in this direction was creation of reliable feed-back system of customer grievance and suggestions. Client Relationship Management will be one of the core directions of VF AzerCredit in coming years.

VF AzerCredit is a member of the following networks: Vision Fund International (VFI), Azerbaijan Micro Finance Association (AMFA) and Micro Finance Center (MFC).