Question 1

What is MDO Argun?

Accepted Answer

MDO Argun is a microcredit deposit organization operating in Tajikistan. The institution is formally registered as LLC MDO "Argun" and operates as a licensed financial institution under the supervision of the National Bank of Tajikistan. As an MDO, it provides both microcredit and deposit services to individuals and small businesses throughout the country.

Question 2

When was MDO Argun founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is MDO Argun headquartered?

Accepted Answer

MDO Argun is headquartered in Dushanbe, the capital city of Tajikistan. According to the National Bank of Tajikistan registry, the institution maintains its main office at Foteh Niyozi Street 36 in Dushanbe, with contact information available through their website at www.argun.tj.

Question 4

Where does MDO Argun operate?

Accepted Answer

MDO Argun operates throughout Tajikistan, with a focus on serving communities in Dushanbe and surrounding regions. As a licensed microfinance deposit organization, the institution maintains service centers to reach customers across various districts, particularly targeting areas where access to traditional banking services may be limited.

Question 5

What services does MDO Argun offer?

Accepted Answer

MDO Argun provides microloans to individuals and legal entities, with loan amounts up to the limits set by the National Bank of Tajikistan (currently $50,000 for individual borrowers). The institution offers deposit services including savings accounts, term deposits, and current accounts in both Tajikistani somoni and foreign currencies such as USD, EUR, and RUR.

Deposit products typically offer terms ranging from one month to 36 months. The institution also provides settlement and cash services for businesses. As an MDO, Argun focuses on serving small and medium-sized enterprises, microenterprises, and individuals who may have limited access to traditional banking services.

Question 6

What makes MDO Argun unique?

Accepted Answer

MDO Argun operates within Tajikistan's specialized microfinance framework, which was established in 2004 to promote financial inclusion in rural and underserved areas. As a licensed MDO, the institution can both provide microloans and accept deposits from the public, distinguishing it from micro loan organizations (MLOs) and micro loan foundations (MLFs) that cannot accept deposits.

The institution is part of Tajikistan's growing microfinance sector, which emphasizes customer service quality and accessibility for low-income households and small businesses. MDO Argun participates in the deposit insurance system managed by the Deposit and Savings Insurance Fund of Tajikistan, providing additional security for customer deposits.

Question 7

What type of financial institution is MDO Argun?

Accepted Answer

MDO Argun is a Microcredit Deposit Organization (MDO), a specific category of microfinance institution in Tajikistan established under the country's 2004 microfinance law. MDOs represent one of three types of microfinance institutions in Tajikistan, distinguished by their ability to accept deposits from the public while providing microloans.

MDOs are licensed, supervised, and regulated by the National Bank of Tajikistan. This institutional category allows organizations to have shareholders and operate with both lending and deposit-taking capabilities, positioning them as important financial service providers for individuals and businesses that may not qualify for traditional bank services. The MDO structure enables these institutions to fund their lending operations partially through customer deposits while maintaining the flexibility and customer focus characteristic of microfinance institutions.

MDO Argun

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About MDO Argun in Tajikistan