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Creating microcredit organizations within the structure of an electricity holding company as a financial tool for solving problems of working capital (using the example of “Kyzylorda Zharygy” Holding Company)


Darkhan Kusherbaev, Zhomart Kusherbaev, Erkebulan Esenbaev
(about the authors)

Kusherbaev Darkhan Zh. –

Student of the program “Business Administration Doctor” ; Commercial Director at “Kyzylorda Zharygy” Holding Company

(Russian Presidential Academy of National Economy and Public Administration)

Kusherbaev Zhomart E. – Chairman of the Board of Directors, Kazakhstan Electricity Association

Esenbaev Erkebulan B. –

Student of the program “Business Administration Doctor”; Executive Director at “Kyzylorda Zharygy” Holding Company

(Russian Presidential Academy of National Economy and Public Administration)

Published in:
Russian Journal of Entrepreneurship
– Volume 16, Number 7 (April, 2015)



Keywords: credit, efficiency, energy, holding union, microcredit organization, reinvestment, self-financing


Citation:
Darkhan Kusherbaev, Zhomart Kusherbaev, Erkebulan Esenbaev (2015). Creating microcredit organizations within the structure of an electricity holding company as a financial tool for solving problems of working capital (using the example of “Kyzylorda Zharygy” Holding Company). Russian Journal of Entrepreneurship, 16(7), 989-998. doi: 10.18334/rp.16.7.182


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Abstract:

The article is aimed at finding the best solutions of the problems of replenishment of circulating assets, new approaches to the organization of activities and management of financial policy of energy supply enterprises through the establishment of micro-credit organizations (MCOs) as a part of the integrated enterprise structures, with the example of the holding company “Kyzylorda Zharygy”.







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