On 24 October, First MicroFinance Company (FMFC) celebrated its transformation from a micro credit company into a licensed micro finance company, as well as 11 years of service providing financial services to remote areas of the Kyrgyz Republic. Transformation is an important milestone for FMFC’s development, which will allow the company to expand its financial services and launch new products for its clients. The event, held in Bishkek, gathered representatives of agencies within the Aga Khan Development Network, international organisations, diplomatic missions, and company partners within the microfinance and banking sectors.