Amanat Credit
Amanat Credit is a microfinance institution established in 2006 by private investors. Originally named FNT Credit MLC, the company has shown dynamic growth since its inception, fulfilling its mission to promote sustainable development and increase the welfare of the population of the Kyrgyz Republic by providing a wide range of loan products. The company uses high-tech solutions to ensure they can meet the evolving needs of its customers while reaching out to new, previously unbanked client segments. Amanat Credit pays considerable attention to its social performance, and actively supports gender equality among its employees and clients. In 2021 62% of employees were women, of which 6 women are top managers. It is also worth noting that more than 56% of clients are women, and 63% of clients are from rural areas. Another important social impact is the support of the lower strata of the population: 73% of clients represent people without higher education. In general, it can be said that the company adheres to the principles of social impact by promoting gender equality, supporting vulnerable segments of the population, and lending to agriculture.
Impact:
Investments from CAIF will contribute to the further development of the company, which in turn will increase access to vital financial services for rural and marginalized populations of Kyrgyzstan.