Credit Partnership ABE Invest
in Kazakhstan 🇰🇿
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About Credit Partnership ABE Invest in Kazakhstan
Credit Partnership ABE Invest is a credit partnership operating in Kazakhstan that provides microfinance services to its members. As a commercial organization, it operates under the legal framework established by Kazakhstan's Law on Credit Partnerships (2003) and the Law on Microfinance Activities (2012). The institution is part of the broader ABE Corporation group, a conglomerate of Kazakhstani enterprises operating in various sectors including engineering, construction, logistics, and financial services.
Credit partnerships in Kazakhstan are specialized financial institutions that provide microcredits exclusively to their members who have made mandatory capital contributions. They serve as an alternative to traditional banks, focusing on smaller loan amounts and serving individuals and small businesses.