KMF Expanding Access to Credit for Micro, Small, and Medium-Sized Enterprise Borrowers Project

The Asian Development Bank (ADB) is proposing a loan of up to $15 million (or its yuan equivalent) to Microfinance organization “KMF” Limited Liability Company (KMF) to support the growth of its portfolio for financing micro, small, and medium-sized enterprises (MSMEs), with a focus on women-led MSMEs (WMSMEs). The project will support to the efforts of the Government of Kazakhstan to increase the contribution of MSMEs to Kazakhstan's GDP to at least 50% by 2050, through enhancing credit access for MSMEs, especially WMSMEs.