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 […]

September 14, 2021 ACF Executive Director Zhanna Zhakupova participated in the session of “The Undervalued Key to MFI Success: People Power” which was conducted during 23rd MFC Annual Conference “Social Finance Vibe: Pandemic Reboot”. Together with another experts such as Corina Stefan, BCR Social Finance, Isabelle Katthagen and Elisabeth Niendorf, ADG International she discussed HR issues in […]

Release of the 2020 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. 2020 Annual report is available online at: ACF Report 2020

March 3, 2021. ACF Executive Director Zhanna Zhakupova participated in the Microfinance Center (MFC) webinar “Keep calm, adapt and carry on” within the framework of the webinars’ series under common name “COVID-19: Crisis and Digitalization”. This webinar was aimed at disclosure of current problems of the microfinance companies which were revealed in view of COVID-19 […]