KazMicroFinance secures $10M debt from Turkic Investment Fund
What's the deal? The Turkic Investment Fund is extending a $10 million senior unsecured loan to KazMicroFinanceDealroom has a profile for this one. Try Dealroom → (KMF Bank), with support from the European Bank for Reconstruction and DevelopmentDealroom has a profile for this one. Try Dealroom →.
The money will widen access to financing for micro, small, and medium-sized enterprises across the country.
Priority goes to agricultural businesses, rural companies, and women-led enterprises.
Why now? KMF became a licensed commercial bank in 2025, after starting in 1997 as Kazakhstan's first non-bank microfinance institution.
It now serves more than 275,000 active borrowers through a nationwide branch network. Women-led businesses make up about 55% of its clients, many in rural and remote areas.
The European Bank for Reconstruction and DevelopmentDealroom has a profile for this one. Try Dealroom → helped structure the deal, building on a longstanding partnership with the bank.
The signal: The European Bank for Reconstruction and DevelopmentDealroom has a profile for this one. Try Dealroom →, a government and non-profit investor, structured this deal — a sign that development finance institutions are increasingly channelling capital through newly licensed local lenders like KMF, which converted from a microfinance institution to a commercial bank in 2025, to reach underserved rural and women-led businesses across Kazakhstan.
Read more: Türkiye Today
Image credit: Hand in Hand International
