Cooperation with OJSC "Guarantee Fund"

OJSC MCC Entrepreneurship Development Fund and OJSC Guarantee Fund signed a Cooperation Agreement

Today, January 16, at the office of OJSC "Guarantee Fund" the signing of a Cooperation Agreement with OJSC Microcredit Company "Entrepreneurship Development Fund" took place.

The document was signed by the chairmen of the boards of OJSC “Guarantee Fund” and OJSC Microcredit Company “Entrepreneurship Development Fund” Malik-Aidar Abakirov and Medetov Ishenbek Bektursunovich.

The Agreement defines the conditions, procedure and mechanism for providing guarantees to entrepreneurs who have insufficient collateral.

The agreement is aimed at increasing the availability of financing for business entities and reducing part of the credit risks of financial and credit organizations by providing guarantees.

During the signing, the head of OJSC “Guarantee Fund” Malik-Aidar Abakirov expressed gratitude to the management of OJSC MCC “Entrepreneurship Development Fund” for their cooperation and willingness to support business entities with credit resources under the guarantees of OJSC “Guarantee Fund”.

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