MFO "Arnur Credit" reports receiving $6 mln of financing under two EBRD programs

15.12.23 10:44
/KASE, December 15, 2023/ – MFO "Arnur Credit" LLP (Shymkent), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated December 12, 2023: quote - The EBRD is providing financing of $6 million to MFO "Arnur Credit" LLP, of which $4 million will be received under the Women in Business (WiB) program, $2 million will be received under the Youth in Business (YiB) program. - The EBRD provides technical assistance to MFO "Arnur Credit" LLP under the Women in Business and Youth in Business programs for capacity building. The EBRD has been financing one of the largest microfinance organizations in Kazakhstan, MFO Arnur Credit LLP (hereinafter – Arnur Credit), for more than 10 years. Arnur Credit has 44 sub-offices and covers Qyzylorda, Turkistan, Zhambyl and Almaty regions, as well as the cities of Almaty and Shymkent. unquote The complete press release is available on – https://kase.kz/files/emitters/MFAC/mfac_relizs_121223.pdf [2023-12-15]