myELEN.com established collaboration with CIA, an Azerbaidjan MFI

“Credit Implementing Agency’ (CIA) is a non-bank credit organization.CIA registered by the Ministry of Justiceof the Republic of Azerbaijan on September 9, 2002 and re-registered on October 25th, 2002. The founders of CIA are “Azerbaijan Credit Unions Association” Public Union, various Credit Unions of the country and especially employees of the CIA LLC. Credit Implementing Agency LLC NBCO provides services related to the implementation of “Financing\Crediting component of rural areas” of  the project “The development and financing of agriculture” in 2002 -2012 according to the agreement signed between the Government of Azerbaijan and the World Bank on October 04, 1999. Short-term credits are disbursed to small agricultural enterprises (Credit Unions), Joint Borrower Groups for the development of small businesses and individual farming within the implemented Project. 

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