Posts Tagged ‘Kyrgyz Republic’

Microfinance Focus, Aug 18, 2010: The European Bank for Reconstruction and Development (EBRD) has recently disbursed KGS 112 million in loans to MCC Frontiers and FINCA MCC, the two microfinance institutions in the Kyrgyz Republic for on-lending to smaller microfinance institutions and local entrepreneurs in rural regions of the country. The first, in the amount of KGS 47 million (equivalent to USD 1 million) represents the ... Full story

Microfinance Focus, Oct. 14, 2009: World Bank investment arm International Finance Corporation (IFC) has helped Kyrgyz microfinance company Bai-Tushum and Partners to transform itself from a microcredit to a microfinance company to broaden its range of financial services to micro-entrepreneurs across the country. IFC mentored senior Bai-Tushum managers in strategic and business planning before the company’s successful transition to a closed joint-stock microfinance institution, with ... Full story

Microfinance Focus, Sept 11, 2009: Extreme poverty affects at least 10 per cent of the population in many parts of the Asia and Pacific region, Asian Development Bank said in a report. Titled “The Key Indicators for Asia and the Pacific 2009”, the report lists 19 economies where more than 10 per cent of the population were living on less than $1.25 a day in the latest year for which data are available. Six of the 19 economies are from the former Soviet Union. Four of the five most populous countries are also included and the data is not available for Indonesia. Full story