Feb 15, 2007
Kiva.org announces partnership with MicroInvest (MLF), Tajikstan
Kiva.org is proud to announce its first partnership in Tajikstan, with Microloan Fund "MicroInvest" (MLF):
Microloan Fund "MicroInvest" is one of the leading non-banking financial institutions of Tajikistan. From the date of establishment in 2002, within the framework of the Fergana Valley Regional Microlending Project implemented by Representation of ACDI/VOCA in Tajikistan, MLF Microinvest has directed all efforts towards achievement of understanding, satisfaction of requirements, and expansion of mutually advantageous cooperation with the its clients. Small loans given by MLF Microinvest on no collateral base allow vulnerable families and microentrepreneurs to increase their income and improve their standard of living.We look forward to a successful partnership with MicroInvest and hope that Kiva Lenders enjoy being connected to this new region.
The mission of "MicroInvest" is to improve the standard of living of the population and create new opportunities for social and economic development by providing qualitative financial-technical services to entrepreneurs of Tajikistan.
The goal of "MicroInvest" is to maintaining its leading position in conditions of a growing competition by providing various lending products on mortgaging and non-collateral bases. Microinvest uses group and individual lending methodologies with wide geographic outreach and an innovative approach to work.