Question 1

What is Keremet Aqsha?

Accepted Answer

Keremet Aqsha is a microfinance organization operating in Kazakhstan that provides microcredit services to individuals and small businesses. The organization is registered as a Limited Liability Partnership (LLP) and specializes in providing financial services to underserved populations. As part of Kazakhstan's growing microfinance sector, Keremet Aqsha focuses on extending credit access to micro and small enterprises, particularly those who may face barriers to accessing traditional banking services.

The organization operates under the regulatory framework of the National Bank of Kazakhstan, which has overseen microfinance organizations since 2016.

Question 2

When was Keremet Aqsha founded?

Accepted Answer

Keremet Aqsha was officially registered on October 9, 2023, with the business identification number (BIN) 231040013932. The organization was registered through the Registration Department of the Government for Citizens branch in Almaty. As a relatively new entrant to Kazakhstan's microfinance market, Keremet Aqsha joined an established sector that has been operating in the country since the late 1990s.

The organization was founded to provide alternative credit solutions to individuals and businesses in Kazakhstan who require financing options beyond traditional banking channels.

Question 3

Where is Keremet Aqsha headquartered?

Accepted Answer

Keremet Aqsha is headquartered in Almaty, Kazakhstan's largest city and financial center. The registered legal address is located at 151A Zhamakayeva Street in the Medeu District of Almaty. Almaty serves as a strategic location for financial services organizations in Kazakhstan, providing access to both urban markets and connections to rural regions throughout the country.

Question 4

Where does Keremet Aqsha operate?

Accepted Answer

[Information not publicly available regarding specific operational regions beyond the Almaty headquarters]

While the organization is registered in Almaty, detailed information about the geographic scope of its lending operations throughout Kazakhstan is not currently available through public sources. Many microfinance organizations in Kazakhstan extend their services beyond their headquarters to serve rural and underserved communities, but Keremet Aqsha's specific service areas have not been publicly documented.

Question 5

What services does Keremet Aqsha offer?

Accepted Answer

Keremet Aqsha provides microcredit services to individuals and legal entities in Kazakhstan. The organization's primary business activity falls under the classification "Other types of credit granting not included in other groups" (OKED code: 64.92.9).

As a microfinance organization operating under Kazakhstan's Law on Microfinance Organizations, Keremet Aqsha is authorized to provide microloans up to 20,000 times the monthly calculation index established by Kazakhstan's national budget. These microloans can be provided with or without collateral to qualifying borrowers.

Microfinance organizations in Kazakhstan typically serve micro-entrepreneurs, small business owners, agricultural producers, and individuals who may not have access to traditional bank financing due to lack of collateral, established credit history, or formal business registration.

Question 6

What makes Keremet Aqsha unique?

Accepted Answer

As a newer microfinance organization in Kazakhstan's established microfinance market, Keremet Aqsha represents the continued growth and evolution of alternative financial services in the country. The organization operates in a competitive environment that includes both long-established microfinance institutions and newer digital lending platforms.

Kazakhstan's microfinance sector has historically focused on supporting entrepreneurship, rural development, and financial inclusion, with many organizations specifically targeting women entrepreneurs and agricultural businesses. The organization does not maintain a public website, focusing instead on direct client relationships and traditional service delivery methods.

Question 7

What type of financial institution is Keremet Aqsha?

Accepted Answer

Keremet Aqsha is classified as a Microfinance Organization (MFO) in Kazakhstan. MFOs are non-bank financial institutions regulated by the National Bank of Kazakhstan that specialize in providing small-scale loans to individuals and businesses.

Under Kazakhstan's regulatory framework, microfinance organizations are distinct from commercial banks and are subject to specific legislation governing their operations, lending limits, and business practices. They cannot accept deposits from the public but can attract loans from both resident and non-resident sources, invest in securities, provide consulting services, and engage in leasing activities.

MFOs in Kazakhstan play a crucial role in financial inclusion by serving market segments that traditional banks often find difficult or unprofitable to reach, including informal sector workers, rural populations, and start-up entrepreneurs with limited collateral or credit history.

Keremet Aqsha

in Kazakhstan 🇰🇿

Crypto-Friendliness

All done!

About Keremet Aqsha in Kazakhstan