Baizak Credit Partnership
in Kazakhstan 🇰🇿
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About Baizak Credit Partnership in Kazakhstan
Baizak Credit Partnership is a member-owned microfinance institution operating in Kazakhstan. Established as a limited liability partnership, it functions as a credit partnership—a specialized type of commercial organization under Kazakh law that provides microcredit services exclusively to its members. Credit partnerships in Kazakhstan serve as cooperative financial institutions, similar to credit unions in other countries, focusing on providing accessible financial services to micro and small entrepreneurs, particularly in rural and underserved areas.
The institution operates under the regulatory framework of Kazakhstan's Law on Credit Partnerships and the Law on Microfinance Activity, both overseen by the National Bank of Kazakhstan.