Leman Credit Union LLC, Azerbaijan
Leman credit union is providing microcredits to its low-income members. Loans are 500-2000 USD, disbursed for 6-18 months.
Leman was initially established in 1999, whose purpose was to support its low-income members in entrepreneurial activity, improving their living condition via promoting their private businesses through small loans from the company. In 2002 Leman started distributing microloans to members, now works in 5 regions with increased shares , earned revenues and borrowed loans from the local lenders. Leman needs more capital to improve its indicators.