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Inam Credit Union

Inam Credit Union supplies its low income members with small loans, to help their microbusinesses, to improve their economic condition.

  • Stage Full Product Ready
  • Industry Financial Services
  • Location Baku, Azerbaijan
  • Currency USD
  • Founded September 2008
  • Employees 5
  • Website

Company Summary

Inam was established in 2008 by 11 founding members. Purpose is to provide its low-income members with company microloans to support them to develop their private microbusinesses, to improve their living condition. Nowadays Inam's portfolio is rather small due to lack of funding. Therefore Inam is looking for debt investment of 100-200K USD as startup capital. Inam is member of ACUA who is WOCCU member, also registered at Mixmarket.


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    Bahman Majnun oglu Asgarov
    Supervisory Board Chairman

    Bahman is a professional microfinance specialist with sufficient educational and professional background. He is an expert in business plans, product development, staff capacity development, MIS, auditing, rating, etc.

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    Babek Rufulla oglu Shahbazov
    CEO, Management Board Chairman

    Babek is specialised in microfinance, accounting, HR, etc issues. He has more than 10 years experience in microfinance.

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    Elman Muradov
    Internal Auditor

    Elman is a professional auditor having experience in more than 5 financial institutions as internal auditor


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    Rashad Mamedzade
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    Samir Huseynov

Previous Investors

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    not yet, due to smal size