November 4, 2020 BOPA Company (Base of the Pyramid Asia), the majority equity participant in Microfinance Organization Asian Credit Fund LLC (ACF) has increased its equity stake in ACF by KZT 212.5 million, equivalent to USD 500,000. This new capital will increase the total equity of ACF to KZT 1.9 bln., equivalent to approx. USD […]

The Article was published in Kapital.kz newspaper on October 28, 2020 For 28 years of independence in Kazakhstan, a lot has been done to increase the investment attractiveness of the country. In 2019, Kazakhstan improved its position in the Doing Business ranking and moved up from 28th to 25th place. Now we can say with […]

The Article was published in Inbusiness.kz newspaper on October 02, 2020 The trust of our customers is a driver of ACF success. MFO Asian Credit Fund (ACF) is one of the leading microfinance organizations in Kazakhstan. ACF has been carrying out its activity for more than 20 years providing financing to rural households and small […]

The Article was published in Kapital.kz newspaper on September 25, 2020 The microfinance organization helps rural population to boost business Today, Microfinance Organization Asian Credit Fund is one of the leading MFO on financial market of Kazakhstan. It is known that the Company has been operating successfully since November 1997. During this time, ACF has […]

Release of the 2019 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. 2019 Annual report is available online at: ACF Report 2019

Microfinance Organization Asian Credit Fund LLC is pleased to present 2019 Social Performance Report. 2019 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.

HQ of Asian Credit Fund joined ECO Network waste sorting system in December 2019. ECO Network – is the association of the companies implementing the principles of waste sorting for further recycling thereof (waste paper, plastics, glass, aluminum, batteries) in their office space in a consistent manner. According to the report, 15,200 employees from 77 […]

Asian Credit Fund is pleased to announce a new member of the Supervisory Board – Marco de Natale. Marco de Natale is currently Manager for Strategic Finance at LFS Advisory, in Berlin. He has close to 20 years of work experience in investment banking and Impact finance in different geographies. He worked as the CEO […]

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 […]

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 […]