МDО «Bovari & Hamkori»

Bovari & Hamkori

«Bovari va Hamkori», translated as «trust and cooperation» from the Tajiklanguage, was established in September 2008 in Dushanbe, Tajikistan, in the form of a Closed Joint-Stock Company (CJSC). «Bovari va Hamkori» – is the first and sole provider of wholesale funding to MFIs in the country (an apex), founded with a purpose of providing financial resources to microfinance institutions (MFIs) of Tajikistan.

Selection criteria for MFO

Statistics data

  • To have a License
  • 2 year experience
  • CForporate management
  • Operational self-0sufficiency > 100%
  • To have internal control procedure
  • Loan portfolio over $ 100.000
  • Ratio of capital to liabilities  4:1
  • Requirement to capital for MDO and MCO based on requirement of NBT and for MCF $ 30.000
  • Average PAR > 30 days, no more then 5%