Prudential Requirements for Microfinance Organizations

In accordance with Article 26 of the Law of the Republic of Kazakhstan No. 56-V dated November 26, 2012, “On Microfinance Activities,” the following prudential requirements are established that organizations engaged in microfinance activities must comply with:

For microfinance organizations:

• minimum levels of authorized capital and regulatory capital;
• capital adequacy ratio;
• limit on exposure to a single borrower;
• leverage ratio.

For credit partnerships and pawnshops:

• minimum levels of authorized capital and regulatory capital;
• leverage ratio.