Participants of the meeting exchange opinions on leasing development in Kyrgyzstan and discuss financing of leasing services, methodology of agrofinanace and microinsurance, Asia Pulse reported.
This is the fourth seminar organized by CAMFA project. The Central Asia Micro-Finance Alliance II (CAMFA II) is the continuation of the highly successful CAMFA project, one of a new generation of ACDI/VOCA credit projects created to address marketplace demand for financial services and products through the establishment, targeted assistance and support of local financial institutions to help them become effective and self-sustaining.
CAMFA II is a three-year USAID-funded project which builds on the success of the first iteration of CAMFA programming, which lasted four years and strengthened the microfinance lending community in Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan by studying the needs of prospective customers and offering a broad range of innovative financial solutions, technical assistance and training.
Based in Bishkek, Kyrgyzstan, CAMFA II will increase access for micro and small business to a broader range of financial services and expand its outreach to rural and isolated regions throughout Kyrgyzstan, while continuing to work throughout Central Asia. The project focuses on developing the microfinance enabling environment of the region, promoting innovative lending methodologies suitable for rural customers and creating synergies with value chain finance interventions.