The Credit Guarantee Fund Tajikistan (CGFT) now cooperates with six partner financial institutions and has passed USD 13 million in guaranteed loan disbursement.
CGFT has welcomed its new Partner Financial Institution (PFI) The First MicrofinanceBank – Tajikistan. This marks CGFT's sixth PFI in the second year of operations.
Considering the crisis in Tajikistan, CGFT has had a good business year 2016 and has now guaranteed over USD 13 million in cumulative loans disbursed by its PFIs with excellent repayment quality.
CGFT is sponsored by three important European Development Finance Institutions: DEG, German Investment and Development Corporation, OeEB, the Development Bank of Austria, and FMO, the Dutch Development Bank.
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