CJSC MFC Bai-Tushum & Partners increased its chartered capital up to KGS 615 million through the entrance of new international investorsWithin the framework of strengthening the institutional potential and to support further growth the Bai-Tushum & Partners increased its chartered capital up to KGS 615 million through the entrance of new international investors: BlueOrchard Private Equity Fund S.C.A., and Credit Suisse Microfinance Fund Management Company. Increasing chartered capital will enable the Company to implement one
CJSC MFC Bai Tushum & Partners becomes the first microfinance institution in Kyrgyzstan to obtain a deposit licenseBai-Tushum & Partners has been operating in the Kyrgyz Republic for more than 10 years. On July 15 2011, Microfinance company Bai Tushum & Partners became the first microfinance institution to obtain a deposit license. Used initially as a tool to promote poverty reduction and job creation, microfinance in Kyrgyzstan today entered a new stage
Financial Group Bai-Tushum financed leases totaling more than 560 thousand euro under the leasing project, initiated by the financial group Bai-Tushum and the German Society for International Cooperation (GiZ)Financial Group Bai-Tushum financed leases totaling more than 560 thousand euro under the leasing project, initiated by the financial group Bai-Tushum and the German Society for International Cooperation (GiZ), following the signing of the 2009 Memorandum of Cooperation between the Ministry of Agriculture of the Kyrgyz Republic, representatives of private businesses in Germany and the
CJSC MFC Bai-Tushum and Partners decided to restructure loans of borrowers affected by the recent fire in the markets in NarynAfter the incident of fire in the markets Bereke and Mukash-Ata CJSC MFC Bai-Tushum and Partners has worked on a careful study of the financial condition of the affected borrowers. During a fire in the markets 18 borrowers of the Company who traded food, vegetables, meat, dairy and other products were affected. Damage was caused
12.07.2011The EBRD is boosting its support to the financial sector in the Kyrgyz Republic with a 270 million Kyrgyz som loan (US$ 6 million equivalent) to “Bai-Tushum and Partners”, one of the country’s leading non-bank microfinance institutions, to provide more affordable som loans to small businesses.
Bai-Tushum & Partners Company acted as one of the sponsors of the Central Asian Microfinance Summit held under the patronage of the President of KyrgyzstanOn July 7-8 2011, the Central Asian Microfinance summit was held in Kyrgyzstan. The Company acted as one of the sponsors of the Summit. Consultants, practitioners, investors, donors and microfinance institutions in Kyrgyzstan, Tajikistan, Russia, Mongolia, Kazakhstan, Belarus, USA and other countries in Europe took an active part in the Summit. The President of the
The company has sponsored division of fire safety of Talas region under the Ministry of Emergency Situations of the Kyrgyz RepublicThe company Bai-Tushum and Partners sponsored participation of a fire safety department under the Ministry of Talas Emergency of the Kyrgyz Republic in the national championship in fire-applied sport, held in Bishkek.