MFI ReportPartnerships
| Name | Relationship |
|---|---|
| AMFI Kyrgyzstan | Network Affiliation |
| FAO-GTZ MicroBanking System | Vendor |
Mission:
The basic mission of the credit union consists in the following:
- The credit union considers itself as an independent private (individual) financial organization, in particular, for rural regions. It is owned by its participants which simultaneously are their clients. "Participants - ... Read more
- The credit union considers itself as an independent private (individual) financial organization, in particular, for rural regions. It is owned by its participants which simultaneously are their clients. "Participants - ... Read more
The basic mission of the credit union consists in the following:
- The credit union considers itself as an independent private (individual) financial organization, in particular, for rural regions. It is owned by its participants which simultaneously are their clients. "Participants - clients" influence business policy, structure supervising bodies and supervise the management;
- The credit union has developed the credit union as a legally and economically independent association, and is closely connected with the regions, their economy and the population, and depends on sources of financing in competitive financial services corresponding to demand. It works by economic principles and accordingly takes into account such aspects, as profitability, risks and safety.
- The credit union assists the economic and social status of the participants and clients thus contributing to economic and social development, in the corresponding region, and throughout the country.
- The credit union considers itself as a necessary addition and the important partner in the financial market. It is not an institution solely of official bodies or representatives from politics. As a non-bank institution it is subject the requirement on licensing and financial supervision from NBKR. Hide
- The credit union considers itself as an independent private (individual) financial organization, in particular, for rural regions. It is owned by its participants which simultaneously are their clients. "Participants - clients" influence business policy, structure supervising bodies and supervise the management;
- The credit union has developed the credit union as a legally and economically independent association, and is closely connected with the regions, their economy and the population, and depends on sources of financing in competitive financial services corresponding to demand. It works by economic principles and accordingly takes into account such aspects, as profitability, risks and safety.
- The credit union assists the economic and social status of the participants and clients thus contributing to economic and social development, in the corresponding region, and throughout the country.
- The credit union considers itself as a necessary addition and the important partner in the financial market. It is not an institution solely of official bodies or representatives from politics. As a non-bank institution it is subject the requirement on licensing and financial supervision from NBKR. Hide
Background and Main Challenges:
Credit Union registered on 12/07/2000 as non commercial organization and got a License from the National Bank of Kyrgyzstan No. 194 on 13/07/2000, to provide financial services to rural areas.
Today, the Credit Union has partnership with CTZ/DGRF – project 'Development of rural institutes' ... Read more
Today, the Credit Union has partnership with CTZ/DGRF – project 'Development of rural institutes' ... Read more
Credit Union registered on 12/07/2000 as non commercial organization and got a License from the National Bank of Kyrgyzstan No. 194 on 13/07/2000, to provide financial services to rural areas.
Today, the Credit Union has partnership with CTZ/DGRF – project 'Development of rural institutes' (application of deposit operation of CU), ADB and MKK “Frontiers” for rending of the donor’s support.
The main problems of the Credit Union at present are legislation, economical standards for credit unions and sources of finance (needs to have more cheaper funds). And in addition, there is a need for funds for training for credit union’s personnels and for office equipment. Hide
Today, the Credit Union has partnership with CTZ/DGRF – project 'Development of rural institutes' (application of deposit operation of CU), ADB and MKK “Frontiers” for rending of the donor’s support.
The main problems of the Credit Union at present are legislation, economical standards for credit unions and sources of finance (needs to have more cheaper funds). And in addition, there is a need for funds for training for credit union’s personnels and for office equipment. Hide
Address:
7/2 Gagarin Str.
Kochkorota
Jalalabadskaya
715622
Kyrgyzstan
Phone:
+996 03734 5-30-30 5-30-31 5-33-33
Fax:
+996 03734 5-30-20
Email:
ksmik [at] rambler [dot] ru
Website:
Main Funding Sources:
Grants
Loans
Savings
Products and Services:
Loans
Voluntary Savings
Services Provided:
Business Development Services
Looking for (Investment Types):
Loans in Local Currency
Donations
Capacity Building Grants
Other Investment
Loans in US$
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 2000
FYE:
31-Dec
Current Legal Status:
Credit Union / Cooperative
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Askaraly AbylkasymovCredit Managerksmik [at] mail [dot] ru+996 03734 5-33-33 0502 2280 08
-
Жамбилохан Султановаksmik [at] mail [dot] ru+996 03734 5-33-33 0502 2280 08
