The Kazakhstan Loan Fund (KLF), a Kazakh microfinance institution (MFI) received the equivalent of USD 1.3 mn in loans through a partnership with Triodos-Doen and the Hivos-Triodos Fund. KLF, whose is mission is to “improve the life conditions of our community through offering financial and non financial services to the population,” provides peer and individual lending services. As of 31 December 2006, KLF has a gross loan portfolio of USD 26.2 mn and USD 41 mn in total assets, according to MIX market, the microfinance information clearinghouse. KLF also reported a 17.53% capital to asset ratio and 470% ratio of debt to equity. At the end of 2005, KLF was 152.38% self-sufficient.
Similar Posts:
- MICROCAPITAL BRIEF: Imkon of Uzbekistan Nets Convertible Debt from BOPA to Expand Microfinance, SME Finance
- MICROCAPITAL BRIEF: Arnur Credit of Kazakhstan Borrows $3.3m from Grameen Crédit Agricole to Expand Access to Microfinance
- MICROFINANCE PAPER WRAP-UP: “Private Asset Impact Fund Report 2022;” by Anne Estoppey, Ramkumar Narayanan; Published by Tameo
- MICROCAPITAL BRIEF: Non-performing Loan (NPL) Ratios Up Among Microfinance Providers in Bangladesh
- MICROCAPITAL BRIEF: Arohan of India Raises $11m in Equity from FMO to Expand Microfinance, Including via Technology
