MFI Report

Kompanion was formed in 2004 through the consolidation of five Mercy Corps affiliated micro-credit agencies throughout Kyrgyzstan. Registered with the National Bank of the Kyrgyz Republic, Kompanion is represented in all oblasts and regions of Kyrgyzstan providing services to more than 70,800 customers and is the second largest financial institution in Kyrgyzstan as measured by the number of customers. Mercy Corps is the sole owner and founder of Kompanion. Mercy Corps is a leading global economic development and aid organization. Since 1979, Mercy Corps has provided $1.3 billion in assistance to people in 100 nations. Kompanion represents the culmination of 12 years of work by Mercy Corps in micro-credit and its desire to leave an enduring and sustainable community development financial institution as its legacy to the people of Kyrgyzstan. Since its formation, Kompanion has disbursed over 226,000 loans, amounting to approximately $126 million. Currently, the company’s customer base is more than 70,800 clients and it employs 801 people. Kompanion has 80 offices in major cities, rural towns and villages in all regions of Kyrgyzstan. Currently, the company’s primary products are solidarity group loans (over 99% of the customer base) and secured small business loans (approximately 9% of the outstanding loan portfolio). Hide