AMFOT – the Association of Microfinance Organizations of Tajikistan, for representing and protecting the rights and interests of its members, this association unites the majority of microfinance organizations in Tajikistan, as well as other organizations interested in developing of microfinance in Tajikistan. AMFOT provides a wide range of services and support for its members, including by means of promoting and lobbying the interests of the microfinance sector, organizing thematic trainings and seminars, conducting various relevant studies, examining draft regulatory legal acts, organizing meetings / discussions and round tables with governmental and non-governmental bodies. FINCA is a member and partner of AMFOT and actively participates in its activities.

ABT – the Association of Banks of Tajikistan, for representing and protecting the rights and interests of its members, this association unites the system of credit organizations of Tajikistan. ABT successfully promotes the interests of its members as a representative of the banking community in the National Bank of Tajikistan and in other organizations. ABT provides a wide range of services and support for its members, including by means of promoting and lobbying for the interests of the banking sector, organizing thematic trainings and seminars, examining draft regulatory legal acts, organizing meetings / discussions and round tables with governmental and non-governmentalbodies. FINCA is a member and partner of ABT and is actively involved in its activities.

Credit and Information Bureau of Tajikistan (CIBT), is a specialized company implementing the functions of a platform for collecting, processing and providing historical data on credit obligations. CIBT provides financial institutions with all the necessary information regarding the credit history of clients, that facilitates the decision-making process on lending and financing and contributes to a better assessment and effective risk management. FINCA is one of the shareholders of CIBT and is actively involved in its strategic activities.

The American Chamber of Commerce in Tajikistan (AmCham Tajikistan) is a leading national business association providing access to networks, business development and advocacy for members. Over the past few years, AmCham has achieved great success, and its membership base is constantly growing. Membership in AmCham is open to any business organization, regardless of whether it operates inside or outside Tajikistan, and which is ready to contribute to the achievement of a free and favorable economic and investment environment in the country. FINCA is a member and partner of AmCham and actively involved in its activities.

Express Pay is a universal payment system for making payments to the population for various services, including mobile operators, fixed-line telecom operators, Internet providers, utilities, credit institution services, etc. Currently, the network of the company service points covers all large cities, as well as densely populated and remote areas of the republic. At present, the company’s potential consists of more than 1200 self-service terminals units and 2500 agents serving the population with the help of POS – terminals and mobile software.

Western Union – is a worldwide leader among the money transfer operators. It is a reliable company helping private and corporate clients make money transfers quickly and reliably. Western Union provides money transfer services through more than 440,000 service points in 200 countries and regions around the world.

ZolotayaKorona is a money transfer operator whose network consists of 40,000 service points in countries such as Abkhazia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russian Federation, Tajikistan, Ukraine and Uzbekistan.


FINCA International has established FINCA Microfinance Holding Company LLC (FMH) to expand its offerings to current customers and provide access to the capital of millions of people through life-changing financial services.

Investors selection was based on rigorous standards. We work only with those who support our mission, sharing the methods of achieving practical results of maximizing social benefits using financial approaches, as well as those who have long-standing credit relationship with FINCA.

FMH Investors are led by FINCA International located in Washington DC that is a non-profit organization and majority shareholder of FMH. Minority shareholders include IFC, KfW, FMO, responseAbility, Triple Jump and Triodos.

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. Working with private enterprises in more than 100 countries, they use their capital, expertise, and influence to help eliminate extreme poverty and promote shared prosperity. In FY13, their investments climbed to an all-time high of nearly billion, leveraging the power of the private sector to create jobs and tackle the world’s most pressing development challenges.

KfW Bankengruppe – Established in 1948 as a public law institution, KfWBankengruppe is today owned 80% by the Federal Republic of Germany and 20% by the federal states (“Länder”). With a balance sheet total of more than EUR 440 billion, KfW is one of the world´s leading and most experienced promotional banks. As a bank with no branch network or customer deposits, it refinances its lending business almost exclusively in the international capital markets. KfWEntwicklungsbank is part of KfWBankengruppe and a competent and strategic advisor on current development issues. Reducing poverty, securing peace, protecting natural resources and helping to shape globalization are the main priorities of KfWEntwicklungsbank. On behalf of the German Federal Government it finances reforms, infrastructure and financial systems for socially and ecologically compatible economic growth in more than 110 countries. It is a worldwide financing partner, and it also employs funds of its own for development projects.

FMO – The Netherlands Development Finance Company (FMO ) is the Dutch development bank. FMO supports sustainable private sector growth in developing and emerging markets by investing in ambitious entrepreneurs. FMO believes a strong private sector leads to economic and social development, empowering people to employ their skills and improve their quality of life. FMO focuses on three sectors that have high development impact: financial institutions, energy, and agribusiness, food & water. With an investment portfolio of EUR 6.3 billion, FMO is one of the largest European bilateral private sector development banks.

TripleJump – TripleJump‘s mission is to contribute to the sustainable development of emerging market economies by facilitating investment in micro and small enterprises. Triple Jump seeks to support the expansion of viable microfinance institutions in all three stages of their development (emerging, expanding and mature) by providing capital and advisory services. Their objective is to work towards effective social impact in emerging markets by harnessing entrepreneurial spirit. They focus on MFIs which are committed to reducing poverty in their society, reaching low-income and vulnerable groups, particularly women, respecting society and the environment, and achieving maximum efficiency, financial sustainability and outreach.

Triodos Investment Management is a 100% subsidiary of Triodos Bank, one of the world’s leading sustainable banks. Triodos Investment Management is a globally recognised leader in impact investing, managing direct investments ranging from sustainable energy infrastructure to microfinance institutions. Since 1994, its assets under management in inclusive finance have increased to over EUR 500 million, making it one of the leading investors in the industry. Through specialised funds it currently provides finance – both debt and equity – to 104 upcoming and well-established financial institutions in 44 countries. They hold equity stakes in 21 financial institutions; senior staff of Triodos Bank joins the Board of Directors and actively contributes to the governance of these institutions.