On October 17-18, 2019, The Credit Guarantee Fund of Mongolia has visited in Almaty, Kazakhstan. B.Batbayar, Executive Director of Credit Guarantee Fund of Mongolia, and representatives of other departments have attended the meeting and established a with Kazakhstan’s “DAMU” fund. The aim of the “Cooperation agreement” is for the two funds to cooperate on expanding bilateral economic cooperation, supporting SME sector in the country. "Damu" Entrepreneurship Development Fund" was established based on the Decree of the Government of the Republic of Kazakhstan in 1997 "On the establishment of small business development fund", wholly owned by the Kazakhstan government. “DAMU” fund‘s mission is to improve access to finance for Small and Medium Enterprises (SMEs) in Kazakhstan by providing credit guarantees.