Ministry of Finance Tajikistan

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Private Sector Recovery Facility

Sovereign credit guarantees, administered on the public record.

The Fund underwrites a share of MSME lending risk for participating banks in Tajikistan. This system is the register of record for every guarantee it issues — from application through settlement or claim.

Access the system

Credentials are issued by the Fund secretariat.

Programme at a glance

Reference
Partner financial institutions
15
Guarantees under management
$50M+
Standard coverage ratio
50%
Operating languages
3

Indicative programme parameters. Operational figures are available to authorised users within the dashboard.

One governed path, eight recorded stages

Every guarantee advances through the same controlled sequence. Transitions are validated by the system and attributed to a named officer.

  1. 01

    Draft

    Prepared by the partner bank

  2. 02

    Submitted

    Lodged with the Fund

  3. 03

    Under review

    Appraisal and due diligence

  4. 04

    Approved

    Credit decision recorded

  5. 05

    Guarantee issued

    Letter of Guarantee executed

  6. 06

    Disbursed

    Funds released to borrower

  7. 07

    Active

    Servicing and monitoring

  8. 08

    Settled

    Obligation discharged

Exception paths — rejection, cancellation, rescheduling, extension, default and claim — are modelled explicitly and subject to the same controls.

Functional scope

Six operating areas, one authoritative record.

Guarantee administration

Applications tracked from lodgement through approval, issuance and disbursement, with an immutable audit trail on every state change.

Portfolio supervision

Exposure, utilisation against bank limits, and arrears concentration reported on demand for management and oversight bodies.

Institution register

Participating banks, their branch networks and allocated guarantee ceilings maintained in a single authoritative record.

Delegated authority

Six defined roles spanning Fund staff, partner banks and auditors, each constrained to the actions of its mandate.

Trilingual operation

The full interface, correspondence and generated instruments are available in Tajik, Russian and English.

Claims and recovery

Default notices, claim assessment and post-payment recovery handled within the same governed workflow.

Governance

Public money demands a defensible record.

Access is granted strictly by mandate and every action is attributable. The register is built to withstand external audit and to evidence the Fund's exposure at any point in time.

  • Row-level security on every table
  • Role-based access control
  • Full audit logging of all changes
  • Encryption in transit and at rest

Sign in to the register

Available to Fund staff, authorised officers of partner banks, and appointed auditors. If you require access, contact the Fund secretariat.

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