86,4 M€
Wallet
20 662
Number of beneficiaries
45,4 %
Women beneficiaries
87,9 %
Rural beneficiaries
Kazakhstan
Financial services
Funding granted
Loan of €3M*
(local currency equivalent)
Partner of the Foundation
since 2023
*Outstanding at grant value
Context :
Kazakhstan, a Central Asian country, is rich in natural resources and has the largest economy in the region. Despite sustained economic growth in recent years, socioeconomic inequality and poverty remain major challenges for the country. The development of rural areas and small and medium-sized enterprises (SMEs) is crucial to fostering inclusive and sustainable growth in Kazakhstan.
The institution:
Arnur Credit is a key partner in the microfinance sector in Kazakhstan. Founded to support disadvantaged communities and SMEs, Arnur Credit aims to facilitate access to credit and financial services for entrepreneurs and low-income households. Arnur Credit's mission is to help these populations expand their businesses, create jobs, and improve their living conditions. The company offers a range of financial products and services tailored to its clients' needs, such as loans, savings programs, and training.
Impact :
Arnur Credit plays a crucial role in promoting inclusive economic development in Kazakhstan. By supporting entrepreneurs and SMEs in rural and urban areas, Arnur Credit contributes to job creation, poverty reduction, and improved living standards. Arnur Credit's impact extends beyond financial support, also providing training and advice to strengthen entrepreneurs' skills and promote the sustainability of their businesses. Through its commitment to equitable economic development, Arnur Credit is a key player in Kazakhstan's socioeconomic transformation.