Release of the 2017 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. 2017 Annual report is available online at: 2017 Annual Report
MicroFinanza Rating International Rating Agency has assigned BB+ social rating to MFO Asian Credit Fund
Asian Credit Fund (ACF) was subject to social rating assessment by MicroFinanza Rating (MFR) Rating Agency in April 2018. Following the results of 2017 activity, ACF was assigned sBB+ social rating. Currently ACF is the third organization out of 174 microfinance organisations in Kazakhstan which confirm the commitment of the company to social goals and […]
Announcing ACF New Board Member
Asian Credit Fund is pleased to announce a new member of the Supervisory Board – Senad Sinanović. Senad Sinanović is the director of Partner Microcredit Foundation (Partner MKF) from Bosnia and Herzegovina and has 20 years of experience in the microfinance sector. He started his career as a Loan Officer in 1997 and then worked […]
Engaging the youth of today to protect the climate of tomorrow
Asian Credit Fund (hereinafter referred to as “ACF” or the “Company”) is a microfinance organization registered and acting pursuant to Kazakhstan legislation. The Company main activity is to provide microloans for small business development and support of households’ development preferably in rural areas of Kazakhstan. 2017 has been the launch of the Asian Credit Fund […]
Asian Credit Fund 2018 Annual Staff Meeting
Annual staff meeting of the microfinance organisation Asian Credit Fund, LLC (ACF) took place on February 15-16, 2018, in Almaty. Over 20 ACF key employees from branches and HQ gathered together to review results of 2017 and to develop a roadmap for reaching 2018 goals. The main theme of the second day of the staff […]
Asian Credit Fund – 20 years of supporting entrepreneurs in Kazakhstan
We are pleased to announce that Asian Credit Fund, the 2nd largest MFI in Kazakhstan by clients, is celebrating its 20th anniversary! Since its founding in 1997, ACF has supported over 117,000 business people and households in Kazakhstan with a total USD$74.2 mln in disbursed microloans among 115 000 clients. Women are a key focus […]
Just 2 weeks left until the 2017 Borrow Wisely Campaign kicks off!
In October, MFC is kicking off fourth annual Borrow Wisely Campaign! This year, 24 leading financial institutions will work across 17 countries in Europe and Central Asia to improve clients’ financial literacy knowledge and skills. What’s the campaign all about? As with previous years, Campaign participants will be delivering key messages around how to borrow […]
Asian Credit Fund has been awarded Smart Campaign Certification
20 August, 2017 Asian Credit Fund (ACF) was awarded Smart Campaign Certification for implementation of globally endorsed Client Protection Principles based on evaluation conducted by MicroFinanza Rating, a private and independent international rating agency, specialized in the inclusive finance sector. ACF is now one of 80 organizations worldwide and the third MFI in Kazakhstan that […]
Green economy of Asian Credit Fund
The article published in “Almanac EXPO 2017” Asian Credit Fund is 20 years. During these years the Company supported nearly one hundred businessmen and households of Kazakhstan to the amount of 19 billion 520 mln. tenge. Microloans are provided for development of small business and support of households primarily in rural areas. 20th anniversary of […]