Nov 2019

Asian Credit Fund has reaffirmed its Smart Campaign Certification

15 October, 2019 MicroFinanza Rating, a private and independent international rating agency, conducted two-year Certification Check-in and confirmed ACF long-standing dedication to the Smart Campaign Client Protection Principles. ACF stays among 115 financial organizations worldwide and one of the two MFIs in Kazakhstan that have successfully implemented Client Protection standards of total 7 principles and […]

Oct 2019

BOPA acquires majority stake in Asian Credit Fund (ACF), Kazakhstan from Mercy Corps US

BOPA has on 16 October 2019 concluded the purchase of Mercy Corps 50.53% shareholding in Asian Credit Fund (ACF), Kazakhstan. BOPA has been a shareholder in ACF since 2014 and will after the transaction hold 98.1 % of ACF shares. “We are very excited about this development and look forward to continue building on the […]

Oct 2019

Asian Credit Fund has participated in the Global SME Finance Forum 2019

Executive Director of Microfinance organization Asian Credit Fund LLC Zhanna Zhakupova participated in the Global SME Finance Forum 2019 “ The Convergence of the Real and Financial Sectors in SME Finance” which was held on 07 – 10 October, 2019 in Amsterdam, the Netherlands. This year’s forum attracted speakers and leaders from the FinTech and […]

Aug 2019

Khalyam Tokhtakhunovna

Almaty branch, Shelek Office For ACF, success is first of all, the success of our customers. Today we would like to share the story of success of Khalyam Tokhtakhunova, a customer of our Company for the last 6 years. Khalyam came to the ACF office for the first time in 2013. One of ACF’s active […]

Aug 2019

Microfinance Organization Asian Credit Fund LLC is pleased to present 2018 Annual Report

Release of the 2018 Annual report is directed on enhancing information transparency of ACF, informing stakeholders on the achievements demonstrated by the Company during the year and sharing successful story one of ACF clients. 2018 Annual report is available online at: ACF-Report-2018

May 2019

Asian Credit Fund has taken part in the Microfinance Institutions Forum in Almaty city, Kazakhstan

26 April 2019. One of the main events in microlending – Kazakhstan Microfinance Institutions Forum “New Horizons” – was held in Almaty city. This Forum coincided with the 15th anniversary of AMFOK (Kazakhstan Microfinance Institutions Association). All participants of the Forum obtained the comprehensive information about further regulation of the sector, existing problems and new […]

May 2019

Asian Credit Fund has received recognition of AMFOK for “Contribution to Development of Microfinance Sector of the Republic of Kazakhstan” and “Adherence to the Principles of Customers Social Protection”

26 April 2019. The General Meeting of the members of Kazakhstan Microfinance Institutions Association (AMFOK) was held in Almaty city. The results of the Association activity for 15 years of existence were summarized there. The Board of the Directors of the Association was elected and the goals and tasks of the Association for the forthcoming […]

Apr 2019

Microfinance Organization Asian Credit Fund LLC is pleased to present 2018 Social Performance Report.

Microfinance Organization Asian Credit Fund LLC is pleased to present 2018 Social Performance Report. 2018 Social Performance Report demonstrates ACF commitment to its social mission and measuring progress in reaching its social goals. Social performance report is available on homepage of ACF web site.

Nov 2018

Empowerment of women changes the world

According to the last GEM (Global Entrepreneurship Monitor) Women’s Entrepreneurship 2016/2017 Report “in 2016, an estimated 163 million women were starting or running new businesses in 74 economies around the world. In addition, an estimated 111 million were running established businesses. This not only shows the impact of women entrepreneurs across the globe, but highlights […]

Jul 2018

Microfinance Organization Asian Credit Fund LLC is pleased to present 2017 Annual Report

Release of the 2017 Annual report is directed on enhancing information transparency of ACF, informing stakeholders on the achievements demonstrated by the Company during the year and sharing successful stories of ACF clients. 2017 Annual report is available online at: 2017 Annual Report