The post has been translated automatically. Original language: Kazakh
The program will reach 20,000 small businesses through Beksar’s technology platform, with at least 60% of them being women-owned, according to DigitalBusiness.kz.
The partnership is part of Mastercard’s global Strive initiative, which aims to support the sustainable growth of small businesses in the digital economy.
“Our partnership with Beksar reflects our commitment to helping Kazakhstan’s small businesses unlock the potential of their own data. By transforming day-to-day business activity into actionable insights, we enable access to inclusive credit offerings that can strengthen financial resilience and ensure long-term sustainability,” said Suleyman Sozeri, General Manager for Eastern Europe at Mastercard.
How it will work
Beksar’s platform offers small businesses tools for inventory management, sales analytics, and access to financial services. Using the data collected on the platform, Beksar will apply alternative credit scoring methods — without requiring formal financial statements. This will allow many entrepreneurs to access financing for the first time.
“Our collaboration with Mastercard is a significant milestone in the development of our platform and in expanding access to embedded financial solutions for small businesses in Kazakhstan. We are committed to using technology and data to provide entrepreneurs with practical tools for growth and sustainable development,” said Maksat Bektibayev, CEO of Beksar.
As part of the partnership, Beksar will also receive support from global organizations Caribou* and Accion*, which will help integrate additional financial solutions directly into the platform and enhance the company’s digital infrastructure.
Read more at DigitalBusiness.kz
The program will reach 20,000 small businesses through Beksar’s technology platform, with at least 60% of them being women-owned, according to DigitalBusiness.kz.
The partnership is part of Mastercard’s global Strive initiative, which aims to support the sustainable growth of small businesses in the digital economy.
“Our partnership with Beksar reflects our commitment to helping Kazakhstan’s small businesses unlock the potential of their own data. By transforming day-to-day business activity into actionable insights, we enable access to inclusive credit offerings that can strengthen financial resilience and ensure long-term sustainability,” said Suleyman Sozeri, General Manager for Eastern Europe at Mastercard.
How it will work
Beksar’s platform offers small businesses tools for inventory management, sales analytics, and access to financial services. Using the data collected on the platform, Beksar will apply alternative credit scoring methods — without requiring formal financial statements. This will allow many entrepreneurs to access financing for the first time.
“Our collaboration with Mastercard is a significant milestone in the development of our platform and in expanding access to embedded financial solutions for small businesses in Kazakhstan. We are committed to using technology and data to provide entrepreneurs with practical tools for growth and sustainable development,” said Maksat Bektibayev, CEO of Beksar.
As part of the partnership, Beksar will also receive support from global organizations Caribou* and Accion*, which will help integrate additional financial solutions directly into the platform and enhance the company’s digital infrastructure.
Read more at DigitalBusiness.kz
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