Implementation of Loan Workbench at «Findev» is complete

In May 2013 Softgenic Systems completed implementation of loan management system Loan Workbench at non-banking credit organization «Finance for Development» (Azerbaijan).

«FINANCE for DEVELOPMENT» Finance for Development” LLC is a financial institution founded by Oxfam GB. The Institution is one of the co-founders and active members of Azerbaijan MicroFinance Association. Findev implements its lending activities based on the lisence from the National Bank of Azerbaijan Republic and according to the founder's (Oxfam) policy framework. The scope of the organization's activities now covers 11 regions of the country and is growing in terms of area, borrowers and loan portfolio.