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BFC was founded in 2003. Its head office is in Zurich, Switzerland. BFC employs 50 permanent full time staff in branch offices located in Armenia, Georgia, Moldova, Russia and Tajikistan.
BFC believes that success in microfinance is built upon sound management, professional staff, and efficient systems. When these conditions are met funding will flow, allowing both the institutions and their clients to flourish. BFC assists microfinance service providers meet the needs of their clients while managing their growth well.
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In-house BFC Jobs
Project-Based Consulting
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BFC has completed a feasibility study to inform its client on whether, how and with whom to partner for a planned commercial downscaling project targeting farmers and MSEs in rural Azerbaijan. BFC implemented a survey of micro, small and medium enterprises (MSMEs) in four countries: Bulgaria, Georgia, Ukraine and Russia in accordance with international standards (ESOMAR). BFC's consultants advised IMON on developing, strengthening, and institutionalizing its internal audit function. BFC developed and implemented a credit scoring system in order to assess the likelihood that micro and small business clients applying for loans will repay their loans on time. BFC was contracted by EBRD to implement and develop strong SME lending skills at five partner banks (Agroinvestbank, TojikSodirotBank, TajPromBank, Bank Eskhata and Kazkommertsbank-Tajikistan), enabling them to finance SME clients in a sustainable manner.
BFC has participated in the first phase of the GTZ funded programme “Institutionalization of internal control system in small and medium MFOs”. The purpose of the assignment was to support the Government of Tajikistan and KfW in finalizing the project design in preparation of the “Rural Financial Sector Programme”. BFC conducted Due Diligence of local MFIs.
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