/KASE, October 23, 2024/ – MFO "Arnur Credit" LLP (Shymkent), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated October 23, 2024:

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The Asian Development Bank (ADB) and microfinance organization "Arnur Credit" (ARNUR CREDIT) signed a loan agreement of up to US$5 million (in tenge equivalent) to expand access to finance for micro, small and medium enterprises (MSMEs) in Kazakhstan.

ARNUR CREDIT will use ADB funding to provide loans to MSMEs, with at least half of the funds allocated to support women's entrepreneurship. Another focus of the project is to provide "green" loans to MSMEs, with at least 10% of the ADB loan allocated to them. "Green" loans will be used by MSMEs to purchase energy- and resource-saving technologies and to support small renewable energy projects.

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The complete press release is available at see more

[2024-10-23]