Kazakhstan

Financial services

Funding granted

Loan of €3M
(equivalent in local currency)

Foundation partner

since 2023

Partner website

Context :

Kazakhstan, a country in Central Asia, 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 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 with the goal of supporting disadvantaged populations 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 develop their activities, create jobs and improve their living conditions. The company offers a range of financial products and services tailored to the needs of its clients, 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 goes beyond financial support, also offering training and advice to strengthen the skills of entrepreneurs and promote the sustainability of their activities. Through its commitment to equitable economic development, Arnur Crédit is a key player in the socio-economic transformation of Kazakhstan.