Credit Partnership ProCredit
in Kazakhstan 🇰🇿
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About Credit Partnership ProCredit in Kazakhstan
Credit Partnership ProCredit is a microfinance organization operating as a credit partnership in Kazakhstan. It functions as a member-owned commercial entity that provides microcredit services exclusively to participants who have made mandatory contributions to the partnership's charter capital. The institution operates under the regulatory oversight of the Agency for Regulation and Development of the Financial Market (ARDFM).
While sharing the "ProCredit" name with the international ProCredit Holding AG network that operates in various countries, Credit Partnership ProCredit in Kazakhstan operates as an independent credit partnership under Kazakhstani law. It follows the cooperative model established for credit partnerships, pooling member resources to provide microfinance services.