Registration, licensing and set-up of Refinancing Fund in Tajikistan

To support micro and small business, agriculture, EE and housing lending and to improve the delivery of credit lines for the financial institutions it was decided to establish the Refinancing Fund (RF).

The Project's objective was to strengthen private sustainable financial institutions that provide financial services for micro and small enterprises via Refinancing Fund Facility.
 The specific objective was to set-up the Refinancing Fund in Tajikistan.

Services provided:

  • Preparation of RF registration documents at AFC: decision to establish, certificates, etc.
  • Legalisation of the RF registration documents
  • Election of the Board of Trustees (coordination of donors and Tajikistan stakeholders)
  • Drafting of the RF staff job descriptions
  • Hiring the general manager of the Revolving Fund (coordination)
  • Development the roadmap for implementation of RF
  • Support NBT in changing regulations in order to run RF activities and get license
  • Registration of the RF
  • Licensing of the RF