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 […]
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 […]
Деньги под контролем: обучение сельского населения Казахстана финансовой грамотности
В рамках проекта Fingramota.kz представители Агентства РК по регулированию и развитию финансового рынка (далее – Агентство) совместно с Азиатским Кредитным Фондом (далее – АКФ) завершили серию обучающих тренингов для жителей отдалённых регионов Туркестанской, Алматинской, Жетысуйской, Абайской, Акмолинской, Карагандинской, Кызылординской, Жамбылской, Восточно – Казахстанской областей Республики Казахстан В обучающих тренингах, которые прошли в период с 12 июня […]
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 […]
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, […]
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 […]
Symbiotics Investments предоставил Азиатскому Кредитному Фонду субординированный долг в размере 1.5 млн долларов США в местной валюте
Алматы, 22 Декабря 2022 г. Symbiotics Investments предоставил свой первый субординированный долг в Казахстане своему многолетнему партнеру ТОО “Микрофинансовая организация “Азиатский Кредитный Фонд” (далее – АКФ, Компания). Полученные инвестиции увеличат капитал АКФ на сумму эквивалентную 1.5 млн долларов США в казахстанских тенге. Благодаря этой сделке АКФ сможет предоставить столь необходимое финансирование домохозяйствам и малому бизнесу […]
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 […]
ACF sponsored a study on gender diversity in MFIs in Kazakhstan
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 […]
ACF receives 2.0 million USD funding from EnablingQapital – a leading Impact Investment Advisory Company headquartered in Zurich, Switzerland to increase financial service outreach to rural households in Kazakhstan
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 […]