Kompanion Invest

Voices from the field

  • Feb
    12
    2014

    MICROLOANS JUMP START A FAMILY BUSINESS

    Borkoeva Sharkul and her family have lived in Tort-Kol Village on Issyk-Kul’s southern shore for over 50 years. Though she has lived alone since the death of her husband, she is never lonely--her grandchildren are always around.

     
  • Nov
    29
    2013

    HARD WORK AND BUSINESS SENSE PAY OFF IN KYRGYZSTAN

    Kompanion client Kulbar Toksombaeva is a small town business mogul in rural Kyrgyzystan. Based out of the small village of Kyzyl-Tuu on Issyk-Kul’s southern shore, Kulbar and her family have managed to turn two of the family’s four small businesses into international successes. Through a combination of business savvy and hard work the Toksombaeva family have developed their businesses while also fueling their local economy.

     

     
  • Nov
    12
    2013

    THE TRANSITION OF AN ENTREPRENEUR IN BALYKCHY

    In 2005, fourteen years after the collapse of the Soviet Union, Taalaikul Usunbakunova used microloans to transform herself from cafe waitress to successful entrepreneur.
    In the town of Balykchy, on the northwestern shore of Lake Issyk Kul, Taalaikul operates a small business salting and smoking fish caught in the lake and selling them in the town’s outdoor markets.

     

     

Current portfolio

 

As of June 30, 2014
Group Loans
SME Loans
Total
Loans outstanding,mln:
$76.8 mln
$3.6 mln
$80.5 mln
Number of active clients:
110,988
1,816

112,804

Average loan size:
$692
1,986
$713
Portfolio at risk (>30 days):
0.53%
0.06%
0.5%
Number of staff:
 
 
856
Number of offices and mini offices:
 
 
129

 

 

 

Currency rates

Currency rates for 31.07.2014 Rate  
USD 51.80  
EUR 69.65  
RUB 1.48  
KZT 0.28  

News

  • Jul
    25
    2014

    NINTH APPLE FESTIVAL 2014

     
  • Jul
    14
    2014

    CENTRAL ASIAN ENTREPRENEURS WILL ENTER THE RING

     

    This September young entrepreneurs from Kyrgyzstan and Kazakhstan will have a unique opportunity to present their business ideas at Central Asia’s biggest investment competition – Get in the Ring: Bishkek. The contest is the final event in Kyrgyzstan’s 2014 Startup Weekend event series that took place earlier this year. The project is implemented by Kompanion Financial Group, the Central Asia Free Market Institute (CAFMI), Startup Invest and ICCO Cooperation in South and Central Asia (ICCO).  
     
  • Jul
    7
    2014

    KOMPANION INVEST WAS PRESENTED AT THE ANNUAL MEETING OF THE IDB GROUP

     

    Kompanion’s CEO Ulanbek Termechikov participated in the Annual Meeting of Islamic Development Bank (IDB) held in Jeddah, Saudi Arabia, as a member of the Kyrgyz Republic’s governmental delegation. The meeting, dedicated to the Bank’s 40th Anniversary, focused on Islamic banking product development, the IDB’s role in poverty reduction, and the barriers, advantages and disadvantages of Islamic finance.
     
  • Jun
    30
    2014

    KOMPANION INVEST IS A FINALIST OF THE ISLAMIC MICROFINANCE CHALLENGE

    Kompanion Invest, a subsidiary company of Kompanion Financial Group, was shortlisted to the final round of the Islamic Microfinance Challenge in June 2014.

     

    As an increasing number of financial institutions enter the Islamic financial sector, the need for innovative financial products is growing. In order to encourage and expand innovative Shari’a compliant financial product development, CGAP, the Islamic Development Bank, Al Baraka Banking Group and Triple Jump organized the Islamic Microfinance Challenge.

     
  • Jun
    9
    2014

    KOMPANION FINANCIAL GROUP CONDUCTS MICROFINANCE PRESENTATION FOR KNU STUDENTS

    On May 27, Kompanion Financial Group conducted a microfinance presentation and introduced the students of Kyrgyz National University to the fundamentals of financial literacy.

    The specialists of Kompanion’s HR Department, Kirill Tsyganov and Nasiba Tadjibayeva, shared their experience and best practices related to the work performed by field loan officers. The young people learned how small loan amounts help Kompanion’s clients to develop their businesses and to build financially sound and healthy households.

     
  • May
    27
    2014

    Kompanion Financial Group Microfinance CJSC puts its clients first

    Kompanion was certified by the Smart Campaign in April 2014. This certification confirms that Kompanion adheres to the principles of socially responsible lending. The relevant certificate was received on May 27, 2014 during the 17th MFC Annual Conference (Istanbul, Turkey).

     
  • Apr
    17
    2014

    Micro Credit Ratings International Ltd. assigns Kompanion with high institutional rating

    Kompanion Financial Group has received an "α-" rating from microcredit rating agency M-CRIL. This high rating signifies that Kompanion is a sustainable and financially-sound organization focused on building long-term relationships with clients.