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 […]

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 […]

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 […]

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 […]