Karkaraly Credit Partnership LLP
in Kazakhstan 🇰🇿
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About Karkaraly Credit Partnership LLP in Kazakhstan
Karkaraly Credit Partnership LLP is a microfinance institution operating in Kazakhstan as a credit partnership. Credit partnerships in Kazakhstan are non-bank financial organizations that provide microloans and financial services primarily to individuals, small businesses, and individual entrepreneurs who may not have access to traditional banking services.
As of 2023, Kazakhstan had 209 active credit partnerships operating under the regulatory oversight of the National Bank of Kazakhstan. These institutions play a crucial role in the country's microfinance sector, which has grown significantly to serve populations excluded from conventional banking channels.