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 […]

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, […]

  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 […]

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 […]

ACF and its competitor Arnur sponsored a study on gender diversity in MFIs in Kazakhstan conducted by the Association of Microfinance Institutions of Kazakhstan. In general, a favorable gender situation has been developed in the MFI sector of Kazakhstan in the context of maintaining equal rights and opportunities for men and women. The MFI sector […]

Asian Credit Fund (furthermore- ACF) has signed an agreement with new to ACF lender Enabling Qapital Ltd, a leading impact investment advisory company, on receiving a $2.0 mln loan. The funds will be directed to support ACF’s mission-based clients, particularly households and women who own micro and small businesses in rural areas of Kazakhstan. By […]

Interview with Zhanna B. Zhakupova, CEO of ACF in Kazakhstan published in Luxembourg Microfinance and Development Fund. How did you come to work in microfinance? I found my way to microfinance a long time ago. I actually graduated from a medical university and started to work as a pharmacist. In 1991, I started to look […]

In July 2022 MFO Asian Credit Fund LLP (ACF) together with the Agency for Regulation and Development of theFinancial Market of the Republic of Kazakhstan (AFDFM) project @Fingramota.kz has launched a series of the financial literacy trainings for the ACF clients. The first six trainings took place in T. Ryskulov and Turkestan offices of the […]

Clients had been always a key priority for MFO Asian Credit Fund LLC (ACF). This is evidenced by 25 years of ACF experience in microfinance, SMART certification and numerous examples of successful cooperation based on trust and desire to provide its customers with the best opportunities for growth and development. In March 2022 ACF had […]

Asian Credit Fund is pleased to announce new members of the Supervisory Board – Talgat Salikov and Dossym Kydyrbayev. Talgat Salikov has eight years of experience in different well-known financial companies such as PricewaterhouseCoopers LLP and Centre for Strategic Initiatives LLP . He is currently Head of Financial Advisory and Merchant Banking and Board Member […]