Thanks to a Series of Microfinance Investments from Oikocredit, Triodos-Doen & Hivos-Triodos, Dignity Fund and Microvest, Kazakhstan Loan Fund Receives $4.38 Million

The Kazakhstan Loan Fund (KLF), an NGO working to provide financing to small-scale entrepreneurs throughout Kazakhstan, recently received a series of loans from a number of Microfinance Investment funds. Founded in 1997, KLF had 16,436 active borrowers at the end of 2005, with a gross loan portfolio of $11.2 million out of $14.4 million in total assets. Return on assets was 8.98%. Total Equity was reported at $5.02 million, with a debt to equity ratio of 186.73%.

Continue reading “Thanks to a Series of Microfinance Investments from Oikocredit, Triodos-Doen & Hivos-Triodos, Dignity Fund and Microvest, Kazakhstan Loan Fund Receives $4.38 Million”

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