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Mikro Kapital – Celebrating 10 Years

Hotel Radisson, Zavidovo, Tver (Russian Federation), Annual Mikro Kapital Convention 8-10 December 2017

The annual Mikro Kapital Convention took place from 8-10 December 2017 in the magical, snowy setting of the Hotel Radisson in the historic region of Tver, 80 miles from Moscow.

This was an opportunity for Mikro Kapital’s management to meet everyone who has played a part in the company’s success since it was founded ten years ago. The convention in Tver aimed to highlight the key moments in Mikro Kapital’s development, a company with its roots in the past, an intense approach to the present and an attentive and optimistic view of the future.

The three days of the convention were packed full of seminars and conversations on topics close to Mikro Kapital’s heart such as financial analysis, digital marketing, global group IT networks and leadership, and were attended by leading figures from a range of different countries, representing various institutions and the world of microfinance: Nikolas Drude, Associate Director and Senior Banker at EBRD; Mario Baccini and Riccardo Graziano, Chairman and General Secretary respectively of the National Microcredit Agency (ENM); and Gulbakhor Makhkamova, CEO of IMON International.

 

One of the highlights of the numerous discussions was the conversation with Arseny Tarasov, Digital Transformation Lead at Microsoft, who painted a picture of a company that has brought about substantial changes in the last 20 years, not only in the world of banking and finance but in the economic system as a whole.

The iconic 1980s film Back to the Future was chosen to represent the dual celebration (the annual convention and Mikro Kapital’s tenth anniversary), acting as a leitmotif throughout the evening. The guest of honour was the incredible DeLorean – the car dazzled guests in the hall, before appearing on-screen in the video which opened the convention.

The company, its employees and its clients were the real stars of the second day of the convention. The 13 companies in the Mikro Kapital group were presented to 600 guests, in a room equipped with three large screens. With one storytelling video for each company, viewers were taken on a journey from Moscow to the Caucasus via various European (Italy and Romania) and CIS (Moldova, Belarus and Armenia) countries, before heading to Central Asia, where Mikro Kapital met another organisation (IMON International) and Tajikistan, where interesting microfinance projects have recently been launched. The convention continued with presentations from the managers of each company, providing an overview of their development and objectives.

This journey was rounded off in the evening with an award ceremony, which celebrated the results achieved and the effort put in by various figures. A special award was given to one of the many highly professional women who work at Mikro Kapital: a true professional who has achieved excellent results as well as raising five children.

Another deserving award-winner was Vittorio Volpi, Chair of Mikro Kapital’s Advisory Board, who describes himself as a self-made man, and whom the management credits with a large part of Mikro Kapital’s success. As Vincenzo Trani, the Group’s president, declared when the award was presented, “many of our projects could not have been completed without Vittorio’s advice and experience”.

Drawing on his wide-ranging and long-standing experience in banking and finance, Vittorio Volpi’s speech once again demonstrated his attentive analysis of the profound changes underway in the banking sector, focusing both on finance and the phenomena of fintech and cryptocurrencies.

“Both drawing on these deep changes in the banking system and in response to them, Mikro Kapital and its partners will find the tools required to continue to grow into the future”, Vincenzo Trani concluded, “continuing the successful journey we started out on only ten years ago”.

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Mikro Kapital obtains from the Central Bank of Armenia a license to carry out microfinance business in the country.

Yerevan, Armenia , New registration and licensing as microfinance operator of its local entity in Armenia.

YEREVAN – 26/06/2018

The Central Bank of Armenia Board (CBA – Հայաստանի Հանրապետության Կենտրոնական Բանկ) granted a license to Mikro Kapital Armenia UCO CJSC to carry out microfinance business in the country.

Mikro Kapital announces that it has received from the Central Bank of Armenia the registration and licensing for credit organization activities and financial operations for the local entity “Mikro Kapital Armenia UCO CJSC”.

Vincenzo Trani, President and Founder of Mikro Kapital, welcomed the news: “With this new license, Mikro Kapital extends its presence in the Caucasus region, bringing our best practices in the field of microfinance to Armenia. This new license will allow us to operate in the country and create new job opportunities.”

The Cascade in Yerevan, Armenia.

 

All international observers expect strong growth in Armenia in the next two year period (2018-2020) and the opening of our new branch in the region will help small and medium-sized enterprises to obtain financial support.

Khachik Nerkararyan, CEO of Mikro Kapital Armenia UCO CJSC, has confirmed that “In the next days the license will be officialized and the company will be able to start operating. Our key mission will be to develop micro and small business lending in Armenia and become one of the most important operators in the area.”

This new opening is part of the company’s development plan, which envisages expansion into the Caucasus area, central Asia and the “Silk Road” countries, bringing its microfinance and impact finance services to support the development of small and medium-sized local businesses.

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MIKRO KAPITAL announces the acquisition of ANYTIME.

Moscow (Russian Federation) , Mikro Kapital invest in the carsharing sector acquiring the oldest Moscow based car-sharing company.

Since 2015, the Mikro Kapital Group has invested in the urban mobility and car-sharing sector in Russia under the DELIMOBIL brand; the main car-sharing operator with a fleet of 3,000 vehicles, present in all the most important cities and regions of the Russian Federation.

The Group completed today (14/05/2018) the closing of the acquisition of the Anytime brand, consolidating the expansion of the Mikro Kapital Group in the car-sharing market, the agreement is part of the growth and development plan that envisages investment of over 250 million euros in the car sharing and sustainable mobility sector in Russia by the Luxembourg holding company in the current two-year period.

The President and founder of Mikro Kapital Vincenzo Trani comments on the operation:

Mikro Kapital’s acquisition of Anytime represents an opportunity for unrepeatable development in the sector, with positive repercussions for all stakeholders and also for our customers. Anytime and Delimobil share their wealth of know-how, experience and innovation skills, at the service of a constantly growing clientele with continuous new needs. The post-acquisition business plan envisages a growth process, both in terms of turnover and investment in human resources, guaranteeing growth and continuity for both brands that will continue their business separately and independently.

At the end of the financial transaction, the Anytime brand will focus on the premium car-sharing sector with investments in technological and fleet terms with the purchase of new vehicles.

The acquisition will also bring important benefits to the customers of both companies, in fact through the respective mobile applications, it will be possible to access the largest fleet of vehicles in Russia with models and brands suitable for every customer and every situation. It will be possible to rent, at various rates (minutes or hours), daily and monthly a very large fleet of basic and premium vehicles, but also small industrial vehicles highly appreciated by professionals and small and medium-sized businesses.

With this operation, the Mikro Kapital group becomes the leading operator in Russia and one of the first operators in Europe in terms of fleet and plans for the next two years to expand strongly in other markets and countries.

Ente Nazionale Microcredito