LLP Astana Finance Microcredit organization offers microcredits in the sum not exceeding  8,000 multiplied by a monthly estimation indicator (MEI), determined by the law “About the budget of the Republic” of the Republic of Kazakhstan for the corresponding financial year.

In 2008, the maximum amount for the MEI is 9 344 000 tenge.

The interest rate for microcredit is given on the annual basis regardless the term of providing the microcredit (if the Borrower made a microcredit agreement at a certain interest rate, that interest rate is effective till the end of the agreement).  
Micro credits are provided in the national currency of the Republic of Kazakhstan which is Tenge.

The “Astana Finance” microcredit organization offers to use a personal credit consultant. Now it is not necessary to visit offices of microcredit organization and spend time waiting in line to talk to the credit manager, the Client can get a credit not leaving his home. Now the client should not go anywhere the personal credit consultant will come to the Client’s place at any convenient time. New system of service enables the Client to make a Credit Agreement without prolongation, individually to choose a microcredit program, to get a high quality service and to call the credit consultant free of charge. It is important that the Microcredit organization guarantees its clients absolute confidentiality at all stages of micro crediting. The Client should do is to call the credit consultant over the phone.  

Terms of micro crediting

Amount of credit offered	from 50 000 to 9 344 000 tenge
% interest rate	from 21 % to 30% annually
Currency of credit	Tenge
Term of a credit	Up to 36 months
Commission rate	from 6 % to 8 %

The objectives of micro crediting could be different:

·         Purchase of automobile;

·         Construction and repair of the building;

·         Purchase of property;

·         Acquisition of home appliances, equipment;

·         Covering the  studying, getting education;

·         Credit for traveling, visiting recreation sites;

·         Credit for health rehabilitation;

·         The initial set-up business financing;

·         Adding more working capital and investment capital;

·         Anniversary celebration, weddings, birth of child etc.

Micro credits – is a convenient instrument with which you could realize your wishes in a fast way without long term accumulation of capital.

The advantages of getting the financial service in LLP Micro credit Organization (MKO) “Astana Finance”

·         Favorable interest rates;

·         Flexible terms;

·         Individual approach to every client;

·         no intermediaries;

·         borrowing small amount of money from the MKO while keeping own budget unspent;

·         crediting without confirmation of the Client’s income;

·         no notary confirmation under the consumer crediting programs;

·         a decision to issue a credit takes only 3 to 5 days;

·         unchanging interest rates during the period of the credit;

·         The «Personal Credit Consultant» service. This service allows our Credit Consultant to invite at the convenient time and place for the Client, who will offer an individually suitable program of micro crediting. The visit of the Personal Credit Consultant is free of charge;

·         Guarantee of absolute confidentiality at all stages of micro crediting  

·         The credit money given to the Client is not checked by MKO for its conformity with the initial intention of the Client.

There is a discount on all the credit products for depositors of the following pension funds – partners: JSC PF “Ular Umit”, JSC “Otan”, JSC OAPF “named after Kunayev”.

The initial required documents for a micro credit application:

·         The Client’s identity, Identification Tax Number, Social Identification Code;

·         The Register of citizenship;

·         A statement from the pension fund;

·         A statement of income for the last 12 months (from the Borrower and Guarantor).

updated 14.01.2009

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