Trade Information

KASE hosted Issuer Day of MFO "Asian Credit Fund" LLP

On November 27, 2024, KASE hosted an online meeting with the management of MFO "Asian Credit Fund" LLP as part of the Issuer Day project. The event was attended by: Zhanna Zhakupova, Chairperson of ACF's Board, as well as ACF's Board members Ulan Usenov and Azat Abdekeyev.

At the meeting, the Chairman of ACF's Board Zhanna Zhakupova presented the financial results for 9 months of 2024, spoke about the company's performance, and shared the company's strategic plans, including plans to issue bonds on KASE. Mrs. Zhakupova also noted ACF's contribution to the development of rural communities, the creation of new jobs, spoke about the financial literacy trainings conducted by the company, as well as environmental initiatives, including "green" credit products. According to her, the plans for the next two years also include the development of a mobile application for the convenience of users.

The event was moderated by Deputy Chairman of KASE's Management Board Yermek Mazhekenov.

MFO "Asian Credit Fund" LLP, whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), is a leading microfinance organization whose activities are aimed at improving the quality of life of rural households in Kazakhstan. During its operation, ACF has supported more than 131,000 clients, issuing loans in the amount of $305.9 million, and has established itself as a stable and socially oriented participant in the microfinance market of Kazakhstan.