Question 1

What is MS & Co.?

Accepted Answer

MS & Co. is a microcredit company (MCC) operating in Kyrgyzstan that specializes in providing accessible microfinance services to individuals and small businesses. The institution focuses on delivering fast, transparent microcredit solutions with minimal bureaucratic requirements.

As a licensed microcredit company under the supervision of the National Bank of the Kyrgyz Republic, MS & Co. serves primarily private clients throughout the country. The company operates within the regulatory framework established for microcredit institutions in Kyrgyzstan, offering both secured and unsecured microloans.

Question 2

When was MS & Co. founded?

Accepted Answer

MS & Co. was founded in 2008 and received its Certificate of Registration #201 from the National Bank of the Kyrgyz Republic on March 23, 2008. The company originally operated under the name "Finance Standard" (Limited Liability Company MCC "Finance Standard").

In 2014, the company underwent re-registration and obtained an additional license for factoring operations, which expanded its range of financial services. A significant change of founders occurred on February 21, 2020, marking a new phase in the company's development.

In 2022, the institution underwent a strategic rebranding initiative to better align with its goals and values, adopting the name MS & Co. (MS and Company). The rebranding aimed to increase the company's recognizability and strengthen its market position in Kyrgyzstan's microfinance sector.

Question 3

Where is MS & Co. headquartered?

Accepted Answer

MS & Co. is headquartered in Bishkek, the capital city of Kyrgyzstan. The main office is located at 37/2 Moskovskaya Street, 3rd floor (at the intersection with Gogol Street).

The company's contact center can be reached at +996 (703) 82-88-08, and the institution maintains an active online presence through its official website.

Question 4

Where does MS & Co. operate?

Accepted Answer

MS & Co. operates throughout Kyrgyzstan, with its primary operations centered in Bishkek. The company serves clients across various regions of the country, providing microfinance services to both urban and rural populations.

The institution's service network extends beyond its physical office through partnerships with over 600 payment terminals throughout Kyrgyzstan and collaboration with more than 10 banks whose cash desks accept loan payments from MS & Co. clients.

Question 5

What services does MS & Co. offer?

Accepted Answer

MS & Co. provides a range of microfinance services including secured and unsecured microloans to individuals and legal entities. The company specializes in consumer lending and business financing with flexible repayment options tailored to clients' cash flow patterns.

The institution offers factoring operations, having obtained this license in 2014. MS & Co. also provides loan consolidation services, helping clients refinance existing loans from other lenders.

Digital services include online loan applications through the company's website, multiple repayment channels including payment terminals and bank partnerships, and remote loan repayment options that allow clients to service their loans from home. The company emphasizes transparent pricing with no hidden fees and streamlined documentation processes that minimize bureaucratic delays.

Question 6

What makes MS & Co. unique?

Accepted Answer

MS & Co. distinguishes itself through its commitment to speed and simplicity in microfinance delivery. The company promises minimal bureaucratic delays and rapid loan processing, with straightforward credit products designed for accessibility.

The institution operates with clear, transparent pricing structures, explicitly stating "clear repayment without a single hidden som" as part of its value proposition. MS & Co. maintains strict adherence to regulatory collection practices, working with overdue debts strictly according to established rules without pressure or threats.

The company's rebranding in 2022 reflected a strategic effort to modernize its identity and strengthen customer relationships. From 2008 to 2020, MS & Co. demonstrated consistent financial growth, which the institution highlights as an indicator of stability and reliability. The company undergoes regular external audits by certified firms including "Kyrgyz Audit" and "Audit-Profit LLC," with all financial indicators confirmed by both audit companies and the relevant division of the National Bank of the Kyrgyz Republic.

Question 7

What type of financial institution is MS & Co.?

Accepted Answer

MS & Co. is a Microcredit Company (MCC), which is a specialized credit institution in Kyrgyzstan's three-tiered microfinance structure. MCCs represent the second level of microfinance organizations under the Law of the Kyrgyz Republic "On Microfinance Organizations in the Kyrgyz Republic."

As an MCC, MS & Co. is established as a commercial legal entity that holds a certificate from the National Bank of the Kyrgyz Republic. The company is authorized to extend microloans to individuals and legal entities from its own capital and borrowed funds, and to conduct factoring operations.

Unlike Microfinance Companies (MFCs), which are the highest tier and can accept deposits, MCCs like MS & Co. are limited to providing credit and factoring services. The institution operates under the regulatory supervision of the National Bank of the Kyrgyz Republic and must comply with specific capital requirements, lending limits, and reporting standards established for microcredit companies.

Question 8

What is MS & Co.'s mission?

Accepted Answer

MS & Co. is committed to providing affordable microfinance services to help overcome poverty, increase employment, promote entrepreneurship, and support social mobilization in the Kyrgyz Republic. The company's stated mission is to create opportunities and accelerate the development of its clients, communities, and the country as a whole.

The institution aims to expand clients' financial sustainability and improve access to quality credit services. MS & Co. positions itself as a development-oriented institution that balances fulfilling commitments to shareholders with prudent risk management while delivering innovative, high-quality, affordable credit services throughout the Kyrgyz Republic.

MS & Co.

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