Amanat Credit 11
In Kyrgyzstan, the local economy runs on small-scale businesses. In shops, at markets, and in rural areas, entrepreneurs work every day to build their income. Yet access to finance remains a barrier for many entrepreneurs. Amanat helps them move forward.
The project
The financial sector in Kyrgyzstan is developing slowly. Due to limited access to capital, high interest rates, and a large informal economy, financing is difficult to find for many micro and small entrepreneurs.
Especially in rural areas, loans are often too expensive or simply unavailable. Traditional banks require collateral that entrepreneurs cannot provide. As a result, they often run their businesses from day to day, without room to invest or plan ahead.
Amanat Credit breaks through this barrier. As a microfinance institution, the organization provides accessible loans to entrepreneurs who are left out by traditional banks. With this financing, they can invest in stock or equipment and better absorb seasonal fluctuations.
More than half of Amanat’s clients are women, and the organization is led by a female CEO. With this project, Amanat gains access to capital to continue financing entrepreneurs. In doing so, you contribute to a more financially inclusive Kyrgyzstan.
Your Investment
- Annual interest rate: 7%
- Maturity: 12 months
- For a €1,000 investment, the expected total repayment is €1,053
- Repayment: Every six months. This means that the loan is repaid in two instalments, one every six months. Interest is also paid every six months.
- Currency: dollar. Please note that while you invest in euros, the loan is in dollars, which means there is a risk of currency fluctuations between the two. For more details, visit our currency risk page.
Amanat Credit
Impact
Amanat Credit strengthens economic independence in Kyrgyzstan by providing microloans to small entrepreneurs in remote areas. These loans empower entrepreneurs to start or expand their businesses, directly contributing to local economic growth and development.
Beyond financial support, Amanat Credit plays a crucial role in educating entrepreneurs. They offer financial training that helps entrepreneurs develop their financial knowledge and skills, enabling them to better manage their businesses and achieve sustainable growth.
Through this combined approach of lending and education, Amanat Credit not only supports the success of individual businesses but also contributes to the broader economic development of the country.
Related blog posts
- Learn more about Kyrgyzstan as an emerging market here.
- Curious about other microfinance institutions in our portfolio? Explore them here.
- Want to know more about how financial inclusion can boost entrepreneurship? Read here.
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