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
Borrower | Microcredit company “Amanat Credit” LLC |
Country | Kyrgyzstan |
Head office | Bishkek |
Website | https://en.amanatcredit.kg/ |
Founded | 5 December 2005 |
Active on Lendahand since | 23 September 2024 |
Credit Score | A |
Financial information per 2024-06-30
Portfolio Overview | €16,938,487 |
Leverage ratio | 82.00% |
Write-off ratio last 12 months | 0.39% |
% 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
Amanat Credit
Dilara runs a small care home in Kyrgyzstan. Thanks to a microloan from Amanat Credit, she was able to purchase new medical equipment and expand her care facilities. By investing in Amanat Credit, you give 150 entrepreneurs like Dilara the opportunity to grow their businesses.