Donors, investors and lenders
USDA, USAID, SDC
Activities of “Bai-Tushum” were financed by USDA – US Department of Agriculture and Swiss Government under USAID and SDC projects, implemented by ACDI/VOCA and CARITAS in the Kyrgyz Republic.
Financial support of TACIS (EuropeAid) program was rendered to “Bai-Tushum” Fund for development of affordable mortgage lending for small and medium business entities in Kyrgyzstan.
CGAP – the Consultative Group to Assist the Poorest – provided funds to support the initiative of “Bai-Tushum” Fund of carrying out activities for determination of credit products cost, as well as for development of innovative products for combating poverty among the women living in rural areas.
In 2007 “Bai-Tushum” has won a grant under microleasing introduction project in the Kyrgyz Republic, implemented by UNDP poverty reduction program.
GTZ, “Reiffeisen-Kyrgyzstan” Fund
“Bai-Tushum” together with GTZ project “Development of trade and service cooperatives”, “Reiffeizen-Kyrgyzstan” Fund and local NGIs, works on lending rural cooperatives.
CJSC MFC “Bai-Tushum and Partners”– is the first microfinance institution in Kyrgyzstan to receive in 2009 equity investments from international company Triple Jump. Triple Jump company has acquired the shares of MCC “Bai-Tushum and Partners” through ASN-Novib Fund.
BlueOrchard S.C.A. Private Equity Fund and Credit Suisse Management Company of ResponsAbility Social Investments AG Microfinance Fund
In 2011 within enhancement of institutional potential, as well as for the purpose of supporting further growth, “Bai-Tushum and Partners” company has increased its charter capital up to 615 mln. KGS through entering of new international investors: BlueOchard S.C.A. Private Equity Fund and Credit Suisse Management Company of ResponsAbility Social Investments AG Microfinance Fund.
In 2003 “Bai-Tushum” company was able to attract commercial borrowings to augment its loan portfolio. Under the programs for attraction of foreign investment successful negotiations were held with international financial institutions. The first lenders of “Bai-Tushum” became HIVOS-Triodos and Dexia Blue Orchard Funds. Today «Bai – Tushum and Partners» Microfinance Bank» Closed joint-stock company is a reliable partner for many financing organizations.
Thus, as of today, the Bank’s lenders are:
- European Bank for Reconstruction and Development
- Blue Orchard S.A.
- Symbiotics S.A.
- Oiko Credit
- Triple Jump
- Developing World Market
- Global Microfinance Facility
- Triodos Investment Management
- VDK spaarbank N.V.
- Deutsche Bank AG
- KIVA Microfunds