Question 1

What is Kaztalovka Credit Partnership?

Accepted Answer

Kaztalovka Credit Partnership is a credit partnership operating in Kazakhstan, providing microfinance services to underserved communities and small businesses. As a credit partnership, it operates under Kazakhstan's microfinance legislation, serving local populations with accessible financial products. The institution is registered with the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan.

Question 2

When was Kaztalovka Credit Partnership founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is Kaztalovka Credit Partnership headquartered?

Accepted Answer

The specific headquarters location of Kaztalovka Credit Partnership is not publicly available. However, as a credit partnership registered with Kazakhstan's financial regulator, it operates within the country's regulatory framework.

Question 4

Where does Kaztalovka Credit Partnership operate?

Accepted Answer

Kaztalovka Credit Partnership operates in Kazakhstan, serving local communities within its designated operational area. As a credit partnership, it focuses on providing localized microfinance services to individuals and small businesses within its region.

Question 5

What services does Kaztalovka Credit Partnership offer?

Accepted Answer

Kaztalovka Credit Partnership provides microfinance services including microcredits to individuals and small businesses. Following Kazakhstan's microfinance legislation, the institution offers loans with or without collateral, typically not exceeding 20,000 monthly calculation indices (MCI) for general microcredits, and up to 50 MCI for short-term loans up to 45 calendar days.

The institution also accepts savings deposits from its members and operates under group-based lending methodologies, utilizing joint liability and social pressure as alternatives to conventional collateral requirements.

Question 6

What makes Kaztalovka Credit Partnership unique?

Accepted Answer

Kaztalovka Credit Partnership operates as a credit partnership, a specific type of financial institution under Kazakhstan law. Credit partnerships are prohibited from conducting entrepreneurial activities except for microfinance activities, ensuring their focus remains on serving the financial needs of their member communities.

The institution operates under the supervision of Kazakhstan's financial regulator, ensuring compliance with prudential standards and consumer protection requirements. This regulatory oversight provides transparency and accountability in its operations.

Question 7

What type of financial institution is Kaztalovka Credit Partnership?

Accepted Answer

Kaztalovka Credit Partnership is a Credit Partnership (Kreditnoe Tovarishchestvo), a type of non-bank financial institution specifically recognized under Kazakhstan's legal framework. Credit partnerships in Kazakhstan are governed by the Law on Credit Partnerships and the Law on Microfinance Activities.

These institutions operate as member-based organizations that provide microfinance services exclusively to their participants. They are distinct from microfinance organizations in that they follow a cooperative model, where members have ownership and decision-making rights through general meetings of participants.

Kaztalovka Credit Partnership

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About Kaztalovka Credit Partnership in Kazakhstan