Amanat Credit 16
Anyone entering Sakhadatkan and her husband’s warehouse is in for a surprise. The shelves are packed with household essentials, from cleaning products and tape to toilet paper. With a loan from Amanat, they expanded their range and supply even more shops.
The project
Sakhadatkan and her husband run a wholesale business together in Kyrgyzstan. They sell a wide range of household products to shops. Their warehouse is filled with everyday essentials, from cleaning and personal care products to all kinds of practical items for the home.
Thanks to financing from Amanat, they were able to expand their stock and strengthen their working capital. This gives them more financial room to purchase products and continue growing their business.
As a microfinance institution, Amanat Credit provides accessible loans to entrepreneurs who have difficulty accessing financing from traditional banks. This financing allows them to invest in stock and equipment and continue offering their customers a wide range of products.
Your investment contributes to stronger local economies by giving small businesses access to finance.
Your Investment
- Annual interest rate: 6.5%
- Maturity: 12 months
- For a €1,000 investment, the expected total repayment is €1,048
- Repayment: Every 6 months. This means that you receive two repayments plus interest, one 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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