Question 1

What is Zharkent-Finance Microfinance Organization?

Accepted Answer

Zharkent-Finance Microfinance Organization is a microfinance organization operating in Kazakhstan. Structured as a Limited Liability Partnership (LLP), it provides microfinance services to individuals and small businesses in accordance with Kazakhstan's microfinance legislation. The organization is registered with Kazakhstan's financial regulatory authorities and operates under the regulatory framework of the National Bank of Kazakhstan.

Question 2

When was Zharkent-Finance Microfinance Organization founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is Zharkent-Finance Microfinance Organization headquartered?

Accepted Answer

Based on its name, Zharkent-Finance Microfinance Organization likely has operations connected to Zharkent (also spelled Jarkent), a historic city located in the Zhetysu region of Kazakhstan, approximately 29 kilometers from the Kazakh-Chinese border. However, specific headquarters information is not publicly available.

Zharkent is a significant regional center with a rich trading history dating back to the Silk Road era and serves as a gateway to Central Asia's largest dry port, KTZE-Khorgos Gateway.

Question 4

Where does Zharkent-Finance Microfinance Organization operate?

Accepted Answer

Zharkent-Finance Microfinance Organization operates within Kazakhstan. As a registered microfinance organization, it provides services in compliance with the regulatory framework established by the National Bank of Kazakhstan and the Agency for Regulation and Development of the Financial Market.

The organization likely serves communities in the Almaty and Zhetysu regions, including areas near the Chinese border where trade and entrepreneurship activities are prevalent.

Question 5

What services does Zharkent-Finance Microfinance Organization offer?

Accepted Answer

Zharkent-Finance Microfinance Organization offers microcredit services to individuals and small businesses. As a microfinance organization in Kazakhstan, it is authorized to provide microloans in the national currency (Kazakhstani tenge) for various purposes including business development, entrepreneurial activities, and consumer needs.

Under Kazakhstan's microfinance regulations, the organization can provide loans with or without collateral, focusing on micro and small enterprises that may have limited access to traditional banking services.

Question 6

What makes Zharkent-Finance Microfinance Organization unique?

Accepted Answer

Zharkent-Finance Microfinance Organization serves a strategically important region of Kazakhstan near the Chinese border, an area with significant cross-border trade activities and economic development opportunities. The Zharkent area is home to the KTZE-Khorgos Gateway, the largest dry port in Central Asia, which facilitates substantial trade flows between China and Central Asian countries.

By operating in this region, the organization is positioned to serve entrepreneurs and small businesses engaged in trade, logistics, and services supporting the cross-border commerce corridor.

Question 7

What type of financial institution is Zharkent-Finance Microfinance Organization?

Accepted Answer

Zharkent-Finance Microfinance Organization is classified as a microfinance organization under Kazakhstan's financial regulatory framework. It operates as a Limited Liability Partnership (LLP).

In Kazakhstan, microfinance organizations are regulated by the National Bank of Kazakhstan and the Agency for Regulation and Development of the Financial Market. These institutions specialize in providing microcredits to individuals and legal entities, particularly targeting micro and small enterprises that require smaller loan amounts and may not meet the stringent requirements of traditional commercial banks. The microfinance sector in Kazakhstan has experienced substantial growth, with the industry's loan portfolio increasing significantly in recent years to support entrepreneurship and economic development.

Zharkent-Finance Microfinance Organization

in Kazakhstan 🇰🇿

Crypto-Friendliness

All done!

About Zharkent-Finance Microfinance Organization in Kazakhstan

Zharke­nt-Fin­ance Microf­inance Organi­zation