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KredAqro was established in 2000 under the USAID Azeri Rural Credit Project, to provide financial services to rural entrepreneurs in nine regions of Azerbaijan. It was established by ACDI/VOCA, a U.S. non-governmental international development organization and the implementer of the USAID Azeri Rural Credit Project. Under this project, KredAqro received technical assistance and 3 million USD of loan capital. In 2008 USAID granted ownership of KredAqro to ACDI/VOCA, which became the sole owner of KredAqro.
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