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IFAD in Azerbaijan: voices from the field
Microcredit saves a small business

Azerbaijan -- Nardane Umuyeva lives in the village of Vandam in the district of Gabala. She is 45 years old and looks after her sick mother and a nephew, who is a student at the university in the capital, Baku. She inherited a small shop from her father. After the republic became independent, her sole source of income was her mother’s pension and a small profit from the shop.

Source: IFAD
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Statistics
Projects: 5

Total cost:
US$192.3 million

Approved IFAD loan:
US$67.4 million

Directly benefiting:
88,049 households
Contact Information

Abdelkarim Sma
Country programme manager
Via Paolo di Dono, 44
Rome, Italy
Work: +39 0654592500
Fax: +39 0654593500
a.sma@ifad.org