Amanat Credit

funding gap emerging markets

Amanat Credit is a microfinance institution founded in 2006 by private investors. The organization is dedicated to sustainable development and improving the well-being of the people of Kyrgyzstan by offering a range of credit products. Focusing on small entrepreneurs in remote areas, Amanat Credit provides both microloans and financial education, enabling entrepreneurs to grow their businesses and strengthen their self-sufficiency.

By leveraging modern technologies and expanding its regional network and online services, Amanat Credit is able to effectively support more clients and drive continuous growth for the organization.

General information

BorrowerMicrocredit company “Amanat Credit” LLC
CountryKyrgyzstan
Head officeBishkek
Websitehttps://en.amanatcredit.kg/
Founded 5 December 2005
Active on Lendahand since23 September 2024
Credit ScoreA

Financial information per 2024-06-30

Portfolio Overview€16,938,487
Leverage ratio82.00%
Write-off ratio last 12 months0.39%
% investment amount in arrears (>90 days)2.20%

About Kyrgyzstan

Kyrgyzstan, officially the Kyrgyz Republic, is a mountainous landlocked country in Central Asia. Kyrgyzstan is bordered by Kazakhstan to the north, Uzbekistan to the west, Tajikistan to the south, and China to the east. Its capital and largest city is Bishkek. Ethnic Kyrgyz make up the majority of the country's six million people, followed by significant minorities of Uzbeks and Russians. It is a developing country ranked 120th in the Human Development Index, and the second poorest country in Central Asia. The country's transition economy is heavily dependent on deposits of gold, coal and uranium.

Last funded project