Mar 2024

Building financial literacy: the key to a successful future for the younger generation

In 2024, the Asian Credit Fund continued its financial literacy project for school and college students. Thus, in February 2024, the first financial literacy lesson of the year was held for Baizak College, Zhambyl region students. We believe that conducting financial literacy lessons for school and college students plays a critical role in their future […]

Mar 2024

Ring the Bell for Gender Equality

On the eve of The International Women´s Day ACF CEO Ms.Zhanna Zhakupova joined the Ring the Bell Action organized by Kazakhstani Stock Exchange and supported by IFC – International Finance Corporation, Asian Development Bank (ADB) and other international institutions. It is a global initiative aimed at empowering women for sustainable development and business, as well as their presence in leadership positions and participation […]

Mar 2024

Strengthening the Ecosystem of Aral Sea

In March 2024, ACF proudly participated in the «SYR QORǴANY — SEKSEUIL» project, organized by Almaty Management University (AlmaU). The project was a volunteer-driven environmental endeavor to restore the unique ecosystem of the Aral Sea. The project’s mission was to plant 5,000 saxaul seedlings on the dried-up seabed of the Aral Sea. This strategic effort […]

Jan 2024

Asian Credit Fund is pleased to announce new members of the Supervisory Board

ACF is pleased to announce the addition of two distinguished professionals to the ACF Supervisory Board- Talgat Salikhov and Sevara Siradjeva. Talgat Salikhov is an investment and finance professional with more than 10 years of experience and a wide network in the banking sector, among quasi-state financial institutions and in general business community. His finance […]

Dec 2023

Triple Jump’s Financial Inclusion Resilience Fund (FIRF) signed a USD 1.5 million subordinated loan with Asian Credit Fund (ACF)

Triple Jump’s Financial Inclusion Resilience Fund (FIRF) signed a USD 1.5 million subordinated loan with Asian Credit Fund (ACF).    Attracted funds will be used to increase ACF’s lending to micro, small, and medium-sized enterprises and low-income borrowers in rural areas of Kazakhstan.  Triple Jump’s innovative Financial Inclusion Resilience Fund (FIRF), Powered by DGGF, AMP and DFC […]

Dec 2023

Money under control: financial literacy training for rural population of Kazakhstan

As a part of Fingramota.kz project, the representatives of the Agency of the Republic of Kazakhstan on Regulation and Development of the Financial Market (hereinafter referred to as the Agency) together with Asian Credit Fund (hereinafter referred to as ACF) have completed a series of the training sessions for the residents of remote regions of […]

Aug 2023

Financial literacy training events have been conducted for the citizens of southern regions of Kazakhstan

In today’s world, more and more people are realizing that financial literacy is an integral part of a successful life. “A financially literate client is key to the timely performance of the loan obligations” – under this slogan, Microfinance Organization Asian Credit Fund LLP (ACF) annually conducts a series of trainings for its borrowers. Particular […]

Aug 2023

Asian Credit Fund is pleased to announce a new member of the Supervisory Board

Asian Credit Fund is pleased to announce a new member of the Supervisory Board – Jana Chmelnizki Kadian Jana is Development Finance Executive, with an extensive 20-year career in leading regulated Micro-Finance Institutions (MFIs) and banks across frontier economies. Her leadership roles span across continents, with past positions as CEO of ADVANS MFI in Myanmar, […]

Jun 2023

MFC awarded ACF for its contibution to the development of microfinance in Kazakhstan

  ACF management team participated in the 25th MFC Annual Conference “Thriving Together”, held in Budva, Montenegro, from May 24th to 25th, 2023. The team got the opportunity to reconnect with partners that ACF has been collaborating with for many years. During the conference, Microfinance Centre awarded ACF for its contribution to the development of the microfinance […]

Dec 2022

Symbiotics Investments provided to Asian Credit Fund with 1.5 million USD subordinated debt in local currency

Almaty, December 22, 2022 Symbiotics Investments has provided its first subordinated debt in Kazakhstan to its long-standing partner Asian Credit Fund (furthermore- ACF). The investment will strengthen ACF’s capital base by the equivalent of 1.5 million USD in Kazakh Tenge. Through the transaction, Symbiotics Investments aims to boost ACF’s strong growth plans to provide rural […]