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General meeting of AMFOK members

On June 8, 2022, the first General Meeting of the AMFOK members since the introduction of COVID-19 quarantine measures was held.

A total of 40 out of 70 members of the Association were registered at the meeting.

At the General Meeting, a new composition of the AMFOK Board of Directors was elected for a term of 2 years, consisting of 9 members, which is 2 more compared to previous compositions.

The Board of Directors included the candidates who received the highest number of votes from AMFOK members participating in the meeting, namely:

  1. Zhussupov Shalkar Amangosovich (38 votes)
  2. Khairlybayeva Zhumagul Beisembayevna (22 votes)
  3. Zhakupova Zhanna Bolatkhanovna (33 votes)
  4. Kurbanaliyeva Raushan Nietkabylo vna (35 votes)
  5. Karmenov Berik Abdrakhmanovich (27 votes)
  6. Dosymkhanov Zhenisbek Aidarbekovich (33 votes)
  7. Konstantin Barabanov (26 votes)
  8. Nurgaliyeva Asem Bolatzhanovna (37 votes)
  9. Glukhov Anatoly Leonidovich (37 votes)

It is noted that out of the total number of AMFOK members, a total of 13 representatives were nominated as candidates for the Board of Directors, with one representative per organization.

The following AMFOK documents were also approved in their revised versions at the meeting:

  1. AMFOK Charter
  2. Code of Ethics for AMFOK Members
  3. Regulations on the AMFOK Board of Directors

Reports of AMFOK activities were presented, including the work carried out in 2021. The participants noted AMFOK’s efforts to optimize regulatory burden, which were largely successful, with optimization achieved in more than 17 legislative provisions of the Republic of Kazakhstan in the field of microcrediting.

Furthermore, priority objectives for AMFOK’s activities for 2022–2023 were presented and approved by the General Meeting of members. The key priorities included:

  1. Ensuring MFIs are provided with internal and external funding sources
  2. Implementation of AMFOK initiatives to expand the potential of MFIs
  3. Optimization of regulatory burden on the MFI sector
  4. Elimination of administrative barriers to the development of the microcredit sector
  5. Enhancement of AMFOK’s status and promotion of microfinance
  6. Increasing engagement and the number of AMFOK members
  7. Development of AMFOK’s international cooperation

After the General Meeting, a round table was held in the format of a live dialogue on the topic:
“Issues of debt collection under microcredit agreements through executive notations.”

The round table was attended by:

  1. Head of the Department of Justice of Almaty – Arap A.S.
  2. Deputy Head of the Department of Justice of Almaty – Bazarbayev K.B.
  3. Chairperson of the Notary Chamber of Almaty – Kalabayeva K.K.
  4. Leading notaries of Almaty, including Asainova L.

Representatives of the microcredit sector had the opportunity to discuss pressing issues related to debt collection through executive notations directly with process participants as well as representatives of the regulatory authority.

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