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UNIStream strengthens its partnership network in Tajikistan

DUSHANBE, March 11, 2011, Asia-Plus  — An international money transfer system, UNIStream, has strengthened its partnership network in Tajikistan through successful implementation of an integration project in cooperation with  FINCA MicroDeposit LLC, the UNIStream press service reports.

Now, clients may remit and receive money through the FINCA MicroDeposit LLC branches in the country.  Headquartered in Dushanbe, FINCA MicroDeposit LLC has its branches in Hissar, Kulob and Khujand.  Money transfers are available in Russian rubles, dollars and euros.

“Taking into account the fact that Tajikistan is becoming more attractive direction of money transfers, the UNIStream management is currently implementing an intensive program to develop the company’s service point network in the country,” said the source, “In Tajikistan, UNIStream collaborates with 13 financial institutions and the number of service points here is nearing 700.”

In 2010, UNIStream’s turnover in Tajikistan reached 367 million U.S. dollars and the number of transactions reached 831,000.

UNIStream is an international money transfer system and its network includes more than 190 000 locations in 95 countries worldwide.  UNIStream has flagships locations in the United Kingdom, Cyprus, Greece and Germany.

Created in 2003, FINCA Tajikistan is the youngest affiliate in the Eurasia region. After a slow startup period, FINCA Tajikistan was restructured and transformed into a MicroDeposit LLC in 2006. Currently serving clients through nine branches and 16 sub-branches in Dushanbe and the southern and northern regions, FINCA is ranked as the second microfinance institution in Tajikistan, out of over 100 operating in the country.


 

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