Kompanion LLC is a microfinance company that supports the strengthening and growth of communities in Kyrgyzstan by offering development products and services to entrepreneurs and individuals across the country. Since its establishment in 2004 through consolidation of five micro credit agencies of Mercy Corps in Kyrgyzstan, the company has shown an impressive growth while keeping its social mission. Currently with 157 offices and mini-offices operating in all regions of Kyrgyzstan, Kompanion LLC is the largest microfinance institution in Kyrgyzstan. It’s primary products are solidarity group loans and secured small business loans. Triodos Fair Share Fund and Triodos Microfinance Fund have provided loans to Kompanion LLC.
KEY INDICATORS Kompanion at year-end 2012:
- number of loan clients: 116,719
- percentage female clients: 82%
- percentage rural clients: 100%
- average loan amount: EUR 357
- number of savings clients: -
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.