Dear clients!
We have launched the “Bereke Spring” promotion!
Take advantage of a microloan at a REDUCED interest rate!
- for any purpose
- up to 5 million KZT
- up to 6 months
For more details, please contact the numbers listed in the “Contacts” section.
Take advantage of a microloan at a REDUCED interest rate!
- for any purpose
- up to 5 million KZT
- up to 6 months
For more details, please contact the numbers listed in the “Contacts” section.
Dear Guests and Users!
Dear Clients, Partners, and Visitors to Our Website!
I sincerely welcome you and thank you for your interest in and trust in Bereke MFO.
The company’s history began in 1997 with a mission to support self-employed and low-income individuals by helping them develop their own projects. As part of programs initiated by the UN, USAID, and Mercy Corps in Kazakhstan, Bereke MFO became one of the pioneers of microcredit in the country. The first participants in these programs were women entrepreneurs and residents of villages and small towns.
Throughout its history, Bereke MFO has continued to grow together with its clients and partners. In 2014, the company was reorganized as a microfinance organization, and today it operates more than 20 offices across 5 regions of Kazakhstan.
We continue to develop consistently, improve our products, and strengthen the professionalism of our team in order to provide even greater value to our clients. We believe that the company’s achievements are inseparably linked to the trust of our partners and the success of those who choose Bereke MFO.
Long-term and mutually beneficial cooperation helps us move forward, become stronger, and create new opportunities. We remain committed to supporting entrepreneurial initiatives and contributing to the development of entrepreneurship and the economy of Kazakhstan.
I sincerely welcome you and thank you for your interest in and trust in Bereke MFO.
The company’s history began in 1997 with a mission to support self-employed and low-income individuals by helping them develop their own projects. As part of programs initiated by the UN, USAID, and Mercy Corps in Kazakhstan, Bereke MFO became one of the pioneers of microcredit in the country. The first participants in these programs were women entrepreneurs and residents of villages and small towns.
Throughout its history, Bereke MFO has continued to grow together with its clients and partners. In 2014, the company was reorganized as a microfinance organization, and today it operates more than 20 offices across 5 regions of Kazakhstan.
We continue to develop consistently, improve our products, and strengthen the professionalism of our team in order to provide even greater value to our clients. We believe that the company’s achievements are inseparably linked to the trust of our partners and the success of those who choose Bereke MFO.
Long-term and mutually beneficial cooperation helps us move forward, become stronger, and create new opportunities. We remain committed to supporting entrepreneurial initiatives and contributing to the development of entrepreneurship and the economy of Kazakhstan.
Sincerely,
Chairman of the Board of MFO Bereke
Ardak Nazymovich Khusainov
Chairman of the Board of MFO Bereke
Ardak Nazymovich Khusainov
MANAGEMENT
BOARD OF MFO
Ardak Nazymovich
Khussainov
Khussainov
Rakhimberdin Daniyar Maratovich
Aydin Alchinovich Vakhidov
Chairwoman of the Management Board
Deputy Chairman of the Management Board for Operations
Deputy Chairman of the Management Board for Financial Activities (Member of the Management Board)
BOARD OF DIRECTORS
Gennady Viktorovich
Kim
Kim
Zharkinbek Kydyrbayevich Azbekov
Adnan Abbasali oglu Mirzoev
Chairman of the Supervisory Board
Independent member of the Supervisory Board
Independent member of the Supervisory Board
- Banking expert with 22 years of experience
- Held the position of Chairman of the Management Board at RBS (Royal Bank of Scotland)
- Manages Seif Group since 2010
- Kazakhstan Executive MBA from Nazarbayev University
- Has more than 30 years of experience in the banking sector of Kazakhstan.
- Held senior positions in Private Bank Trust Bank, Neftekhimbank OJSC, Senim Bank JSC.
- Also performed the function of the Chairman of the Board of Directors at MFO Arnur Credit LLP, Chairman of the Board of Directors at Management Company ORDA Capital JSC, Chairman of the Supervisory Board at Credit Partnership ORDA Credit LLP, independent director of First Heartland Jýsan Invest JSC, First Heartland Securities JSC.
- He has over 25 years of experience in the financial sector across the USA, Europe, and CIS countries. He held executive positions at the National Bank of Uzbekistan, Natixis Bank (UAE, Kazakhstan, Russia), and Rabobank (Netherlands, Turkey, USA).
- His expertise includes attracting international financing, working with debt markets, export, project, and trade financing. He has extensive experience interacting with international investors, financial institutions, and government agencies.
- He holds a Master's degree in Economics and a Bachelor's degree in Agricultural Economics from Texas A&M University, USA.
BOARD OF DIRECTORS
MANAGEMENT
Gennady Viktorovich
Kim
Kim
Chairman of the Supervisory Board
Zharkinbek Kydyrbayevich Azbekov
Independent member of the Supervisory Board
Adnan Abbasali oglu Mirzoev
Independent member of the Supervisory Board
- Has been working in the financial sector since 2003.
- Over years, worked with international foundations (UNDP program), headed the lending department.
- Additional education in MFC, Credit Consulting, RSBP.
- Shakarim Semipalatinsk State University, major – State Municipal Administration, qualification – Economist Manager
BOARD OF MFO
- Over 20 years of experience in the microfinance sector.
- Has been working at Bereke MFO since 2006, progressing from Credit Specialist and Risk Manager to Deputy Chairman of the Management Board for Operations.
- KazFEI, Faculty of Finance and Law, specialization — Finance.
- Expertise in lending, risk management, financial analysis, and AML/CFT. Completed specialized training and advanced professional development courses in AML/CFT.
- More than 16 years of experience in banks and microfinance organizations
- Bauman Moscow State Technical University, electronic technology engineer, organization management, 2006.
- Executive MBA from Nazarbayev University 2018
Aydin Alchinovich Vakhidov
Deputy Chairman of the Management Board for Financial Activities (Member of the Management Board)
Rakhimberdin Daniyar Maratovich
Deputy Chairman of the Management Board for Operations
Ardak Nazymovich Khussainov
Chairwoman of the Management Board
BOARD OF DIRECTORS
MANAGEMENT
Ardak Nazymovich Khussainov
Chairwoman of the Management Board
- Has been working in the financial sector since 2003.
- Over years, worked with international foundations (UNDP program), headed the lending department.
- Additional education in MFC, Credit Consulting, RSBP.
- Shakarim Semipalatinsk State University, major – State Municipal Administration, qualification – Economist Manager
Ardak Nazymovich
Khussainov
Khussainov
Deputy Chairman of the Management Board for Operations
- Over 20 years of experience in the microfinance sector.
- Has been working at Bereke MFO since 2006, progressing from Credit Specialist and Risk Manager to Deputy Chairman of the Management Board for Operations.
- KazFEI, Faculty of Finance and Law, specialization — Finance.
- Expertise in lending, risk management, financial analysis, and AML/CFT. Completed specialized training and advanced professional development courses in AML/CFT.
Aydin Alchinovich
Vakhidov
Vakhidov
Deputy Chairman of the Management Board for Financial Activities (Member of the Management Board)
- More than 16 years of experience in banks and microfinance organizations
- Bauman Moscow State Technical University, electronic technology engineer, organization management, 2006.
- Executive MBA from Nazarbayev University 2018
BOARD OF MFO
Gennady Viktorovich
Kim
Kim
Chairman of the Supervisory Board
- Banking expert with 22 years of experience
- Held the position of Chairman of the Management Board at RBS (Royal Bank of Scotland)
- Manages Seif Group since 2010
- Kazakhstan Executive MBA from Nazarbayev University
Zharkinbek Kydyrbayevich
Azbekov
Azbekov
Independent member of the Supervisory Board
- Has more than 30 years of experience in the banking sector of Kazakhstan.
- Held senior positions in Private Bank Trust Bank, Neftekhimbank OJSC, Senim Bank JSC.
- Also performed the function of the Chairman of the Board of Directors at MFO Arnur Credit LLP, Chairman of the Board of Directors at Management Company ORDA Capital JSC, Chairman of the Supervisory Board at Credit Partnership ORDA Credit LLP, independent director of First Heartland Jýsan Invest JSC, First Heartland Securities JSC.
Adnan Abbasali oglu Mirzoev
Independent member of the Supervisory Board
- He has over 25 years of experience in the financial sector across the USA, Europe, and CIS countries. He held executive positions at the National Bank of Uzbekistan, Natixis Bank (UAE, Kazakhstan, Russia), and Rabobank (Netherlands, Turkey, USA).
- His expertise includes attracting international financing, working with debt markets, export, project, and trade financing. He has extensive experience interacting with international investors, financial institutions, and government agencies.
- He holds a Master's degree in Economics and a Bachelor's degree in Agricultural Economics from Texas A&M University, USA.
Our mission
SOCIAL ORIENTATION
Supporting the development of both small and micro businesses without access to traditional financing, with a particular focus on supporting the women entrepreneurs through trusted partnership relations to facilitate their successful growth and prosperity.
VALUES
- Client trust
- Partnership relations
- Honesty
- Timeliness of services
- Reliability
- Client focus
- Social responsibility
VISION
A technologically developing financial institution servicing all Kazakhstan regions, with a recognizable brand, high-quality services, strong motivated team, providing benefit to the society.
The story
Microfinance organization Bereke is a story that began more than 25 years ago, at the origins of microlending in Kazakhstan, and continues to delight its clients today. This story began thanks to the initiative and support of UNDP (United Nations Development Program) in 1997-1998. Since then, Bereke has become a reliable partner for thousands of entrepreneurs and self-employed people in Kazakhstan.
The main goal of Bereke microcredit programs is fighting the poverty and improving the quality of life of the population. Economic support through small loans has become a key factor in development of entrepreneurship in the regions. Particular attention was paid to supporting the development of agriculture, rural sector and trade, which became a quick source of income for many families.
One of the Bereke’s features was its attention to women entrepreneurs of the Semipalatinsk region. The organization provided the first microloans to women from the Karaul village, helping them start and develop their business. Creating a continuous access to loan funds was the key to successful development of their business.
Today, Bereke is active in four regions of Kazakhstan and has more than 20 offices. The organization continues its mission, remaining a key participant in the microfinance sector of Kazakhstan. The Bereke’s story is one of perseverance, entrepreneurial spirit and positive impact on the lives of many people in the region.
The main goal of Bereke microcredit programs is fighting the poverty and improving the quality of life of the population. Economic support through small loans has become a key factor in development of entrepreneurship in the regions. Particular attention was paid to supporting the development of agriculture, rural sector and trade, which became a quick source of income for many families.
One of the Bereke’s features was its attention to women entrepreneurs of the Semipalatinsk region. The organization provided the first microloans to women from the Karaul village, helping them start and develop their business. Creating a continuous access to loan funds was the key to successful development of their business.
Today, Bereke is active in four regions of Kazakhstan and has more than 20 offices. The organization continues its mission, remaining a key participant in the microfinance sector of Kazakhstan. The Bereke’s story is one of perseverance, entrepreneurial spirit and positive impact on the lives of many people in the region.
Support and development of entrepreneurship through provision of financial products to residents of Kazakhstan regions
- Client trust
- Partnership relations
- Honesty
- Timeliness of services
- Reliability
- Client focus
- Social responsibility
AWARDS
Microfinance Centre MFC for Central and Eastern Europe and the New Endependent State Certificate
For reporting on Social Indicators to MIX
Teaching and Consulting Program
For commitment to the traditions of non-profit partnership
“First Credit Bureau” Certificate
For many years of supporting the neighborhood clubs
2019
For commitment to the principles of social protection of clients
For contribution to development of the microfinance sector in the Republic of Kazakhstan
MFO BOARD
Ardak Nazymovich Khussainov
Chairwoman of the Management Board
- Has been working in the financial sector since 2003.
- Over years, worked with international foundations (UNDP program), headed the lending department.
- Additional education in MFC, Credit Consulting, RSBP.
- Shakarim Semipalatinsk State University, major – State Municipal Administration, qualification – Economist Manager
MFO BOARD
Rakhimberdin Daniyar Maratovich
Deputy Chairman of the Management Board for Operations
- Over 20 years of experience in the microfinance sector.
- Has been working at Bereke MFO since 2006, progressing from Credit Specialist and Risk Manager to Deputy Chairman of the Management Board for Operations.
- KazFEI, Faculty of Finance and Law, specialization — Finance.
- Expertise in lending, risk management, financial analysis, and AML/CFT. Completed specialized training and advanced professional development courses in AML/CFT.
MFO BOARD
Aydin Alchinovich Vakhidov
Deputy Chairman of the Management Board for Financial Activities (Member of the Management Board)
- More than 16 years of experience in banks and microfinance organizations
- Bauman Moscow State Technical University, electronic technology engineer, organization management, 2006.
- Executive MBA from Nazarbayev University 2018
BOARD OF DIRECTORS
Gennady Viktorovich
Kim
Kim
Chairman of the Supervisory Board
- Banking expert with 22 years of experience
- Held the position of Chairman of the Management Board at RBS (Royal Bank of Scotland)
- Manages Seif Group since 2010
- Kazakhstan Executive MBA from Nazarbayev University
BOARD OF DIRECTORS
Zharkinbek Kydyrbayevich Azbekov
Independent member of the Supervisory Board
- Has more than 30 years of experience in the banking sector of Kazakhstan.
- Held senior positions in Private Bank Trust Bank, Neftekhimbank OJSC, Senim Bank JSC.
- Also performed the function of the Chairman of the Board of Directors at MFO Arnur Credit LLP, Chairman of the Board of Directors at Management Company ORDA Capital JSC, Chairman of the Supervisory Board at Credit Partnership ORDA Credit LLP, independent director of First Heartland Jýsan Invest JSC, First Heartland Securities JSC.
BOARD OF DIRECTORS
Adnan Abbasali oglu Mirzoev
Independent member of the Supervisory Board
- He has over 25 years of experience in the financial sector across the USA, Europe, and CIS countries. He held executive positions at the National Bank of Uzbekistan, Natixis Bank (UAE, Kazakhstan, Russia), and Rabobank (Netherlands, Turkey, USA).
- His expertise includes attracting international financing, working with debt markets, export, project, and trade financing. He has extensive experience interacting with international investors, financial institutions, and government agencies.
- He holds a Master's degree in Economics and a Bachelor's degree in Agricultural Economics from Texas A&M University, USA.
1997
The UN Development Program and International Mercy Corps launched a pilot project “Status and Economic Development of Women in Kazakhstan” aimed at microlending to women.
1998
The UNDP project granted the first group loan in the Semipalatinsk region.
Loans were granted in US dollars. The loan amount per group member was $25.
Loans were granted in US dollars. The loan amount per group member was $25.
2003
Registered the public fund Kazakhstan Microcredit Organization “Bereke” with the justice authorities.
2005
Successfully obtained the rating according to the international system ACCION CAMEL
2006
Expansion of the branch network in the Pavlodar region
2007
Expansion of the branch network in the East Kazakhstan region
2017
Expansion of the branch network in the Karaganda region
2017
Successfully passed a comprehensive audit of MFO activities by the regulator (ARFM)
2019
Successfully completed the second scheduled inspection by the regulator (ARFM)
2020
In the difficult pandemic year of 2020, we, together with the residents of Kazakhstan, successfully overcame the challenges. More than 30% of our clients were granted loan deferments for 1-3 months
2004
Joined the Association of Microfinance Organizations of Kazakhstan (AMFOK)
1997
The UN Development Program and International Mercy Corps launched a pilot project “Status and Economic Development of Women in Kazakhstan” aimed at microlending to women.
1998
The UNDP project granted the first group loan in the Semipalatinsk region.
Loans were granted in US dollars. The loan amount per group member was $25.
Loans were granted in US dollars. The loan amount per group member was $25.
2003
Registered the public fund Kazakhstan Microcredit Organization “Bereke” with the justice authorities.
2004
Joined the Association of Microfinance Organizations of Kazakhstan (AMFOK)
2005
Successfully obtained the rating according to the international system ACCION CAMEL
2006
Expansion of the branch network in the Pavlodar region
2007
Expansion of the branch network in the East Kazakhstan region
2017
Expansion of the branch network in the Karaganda region
2017
Successfully passed a comprehensive audit of MFO activities by the regulator (ARFM)
2019
Successfully completed the second scheduled inspection by the regulator (ARFM)
2020
In the difficult pandemic year of 2020, we, together with the residents of Kazakhstan, successfully overcame the challenges. More than 30% of our clients were granted loan deferments for 1-3 months
1997
The UN Development Program and International Mercy Corps launched a pilot project “Status and Economic Development of Women in Kazakhstan” aimed at microlending to women.
1998
The UNDP project granted the first group loan in the Semipalatinsk region.
Loans were granted in US dollars. The loan amount per group member was $25.
Loans were granted in US dollars. The loan amount per group member was $25.
2003
Registered the public fund Kazakhstan Microcredit Organization “Bereke” with the justice authorities.
2004
Joined the Association of Microfinance Organizations of Kazakhstan (AMFOK)
2005
Successfully obtained the rating according to the international system ACCION CAMEL
2006
Expansion of the branch network in the Pavlodar region
2007
Expansion of the branch network in the East Kazakhstan region
2017
Expansion of the branch network in the Karaganda region
2017
Successfully passed a comprehensive audit of MFO activities by the regulator (ARFM)
2019
Successfully completed the second scheduled inspection by the regulator (ARFM)
2020
In the difficult pandemic year of 2020, we, together with the residents of Kazakhstan, successfully overcame the challenges. More than 30% of our clients were granted loan deferments for 1-3 months
© 2024 MFO Bereke JSC
