/KASE, June 30, 2025/ – Microfinance Organization "Asian Credit Fund" LLP (KASE ticker – MFCF) has reported the following:

quote

June 30, 2025

The International Finance Corporation (IFC), affiliated with the World Bank Group, and the Asian Credit Fund (ACF), a leading microfinance institution in Kazakhstan, have announced a new strategic alliance aimed at enhancing financial access for microenterprises located in remote areas of Kazakhstan. This collaboration is anticipated to foster financial inclusion, generate employment, and bolster the economic resilience of rural communities throughout the nation.

Under this partnership, IFC will extend a loan of $5 million to ACF to aid the growth of its microenterprise lending initiatives across Kazakhstan, particularly targeting agricultural borrowers and women-led businesses. The partnership highlights the mutual commitment of both organizations to promote inclusive finance and sustainable economic development in rural and underserved regions of Kazakhstan.

unquote

The full version of the press release is available at – see more

[2025-06-30]