MFO "Arnur Credit" says it fully utilized loan from "Damu" Entrepreneurship development fund

16.06.22 17:35
/KASE, June 16, 2022/ – MFO "Arnur Credit" LLP (Shymkent), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated June 16, 2022: quote In June, "MFO "Arnur Credit" LLP received 6 tranches under a line of credit from "Damu" Entrepreneurship development fund JSC for a total of KZT4.5 bn, for subsequent financing of micro and small private businesses (Damu-Micro), thus the entire amount of allocated funds was utilized. We have been successfully cooperating with EDF Damu JSC for 6 years now. During these years of cooperation, more than 5.5 billion tenge of funds were spent on lending to about 2,000 MSME entities. The purpose of financing is financial support for micro and small private businesses, including individuals engaged in entrepreneurial activities without registration as an individual entrepreneur in accordance with the legislation of the Republic of Kazakhstan. unquote The full version of the press release is available – https://kase.kz/files/emitters/MFAC/mfac_relizs_160622.pdf [2022-06-16]