April 29, 2016 Almaty, Kazakhstan The International Conference and Round Table on “Investment attraction into energy saving and energy efficiency projects in public and industrial sectors” arranged by Kazakhstan Program USAID for mitigating climate change jointly with Power Industry and Energy Saving Development Institute JSC were held in Astana city, Kazakhstan, on April 7-8, 2016. […]
Apr 2016
COO of BOPA visited Asian Credit Fund
March 25, 2016 Almaty, Kazakhstan Chief Operating Officer of BOPA (Base of Pyramid Asia) Niroshani Sawanawadu visited Asian Credit Fund, LLC (ACF) on 14-18 March, 2016. BOPA made equity investment into ACF in 2014 and currently holds 47% of the Company. It was the first visit Ms. Sawanawadu in Kazakhstan and in ACF particularly. ACF […]
Mar 2016
Asian Credit Fund 2016 Annual Staff Meeting
March 09, 2016 Almaty, Kazakhstan Annual staff meeting of microfinance organization Asian Credit Fund, LLC (ACF) took place on February 23-24, 2016 in Almaty. This was the occasion for the ACF employees from Branches and HQ to gather together, review results of 2015 and aim the path for reaching 2016 goals. Day one of the […]
Jan 2016
ACF celebrated 18th anniversary by expressing recognition to its loyal clients
January 26, 2016 Almaty, Kazakhstan Microfinance organization Asian Credit Fund LLC (ACF), one of the leading MFIs in Kazakhstan celebrated 18th anniversary in November 2015. So important event ACF decided to share with its loyal clients. Special events took place in five regional offices of Almaty Branch, namely Uzunagash, Shelek, Zharkent, Esik and Korday villages. […]
Jan 2016
6 500 Kazakh rural inhabitants benefited from Microfinance Organization’s “Asian Credit Fund” non-financial services in 2015
January 26, 2016 Almaty, Kazakhstan Microfinance organization Asian Credit Fund LLC (ACF) is one of the leading MFIs in Kazakhstan. Since 1997, when ACF was first started its lending services, Company had supported 39 260 of small entrepreneurs and rural households in total amount of 15 bln. loans inTenge (approx. 76 mln. USD). Along financial […]
Jan 2016
Asian Credit Fund has participated training IFC on effective teamwork
07 January 2016 Almaty, Kazakhstan Top-management of Asian Credit Fund has successfully participated the training devoted to effective teamwork building on 21-22 December 2015. The training was organized by Governance & Management Consulting and IFC project on corporate management in Europe and Central Asia.
Dec 2015
Asian Credit Fund became founding member of Global SME Finance Forum
December 24, 2015 Almaty,Kazakhstan Asian Credit Fund (further- ACF) became one of the founding members of Global SME Finance Forum 2015. The Forum was founded within G-20. Other founding members include banks, technology companies, regulators and financial institutions from around the world committed to promoting access for small and medium businesses. Queen Maxima and […]
Oct 2015
ACF non-financial services help rural women of Kazakhstan to strengthen business skills
October 24, 2015 Almaty, Kazakhstan In October, 2015 82 heads of households (69 of them were women) from 36 South Kazakhstan villages became beneficiaries of non-financial services of microfinance organization Asian Credit Fund LLC (ACF) by graduating from one-day training “How to start your business”. The training is integral part of ACF’s non-financial initiative, so […]
Oct 2015
Asian Credit Fund successfully registers with the National Bank of Kazakhstan
Almaty, Kazakhstan On 05 October 2015 Microfinance Organization Asian Credit Fund LLC (ACF) successfully registered with the National Bank of Kazakhstan and was included into the register of microfinance organizations in Kazakhstan. As a registered institution, ACF is obliged to follow prudential and reporting standards of the NBK as other participants in the financial market. […]
Sep 2015
Asian Credit Fund raises additional equity, including employee investment, to support access to finance for rural households in Kazakhstan.
September 23, 2015 Almaty, Kazakhstan – Microfinance Organization Asian Credit Fund LLC (ACF, the Company) has successfully closed a second round of equity financing with two investors. ACF is a microfinance institution founded by Mercy Corps and serves the underserved rural population of Kazakhstan with microfinance services. New equity investment was raised from existing shareholder […]