Lending software for Turkmenistan

A state-led banking market where lenders start by digitising branch processes and servicing. lendhero arrives with State credit register, In-branch ID and Altyn Asyr cards already connected, so your team configures products instead of plumbing.

See the local stack
  • TMT (TMT)
  • Turkmen, English
  • 12 local connectors
  • 1–2 weeks to launch

Salam, Aygul

Approved5 000 TMT

799

Credit score

On-time payments

Monthly payment246 TMT

Market profile

Turkmenistan at a glance

What lendhero is set up for in Turkmenistan before your team logs in.

Currency

TMT (TMT)

Languages

Turkmen, English

Supervisor

Central Bank of Turkmenistan

Credit data

State credit register

Payout rails

Altyn Asyr cards, Bank transfer

Data protection

national data protection law

12
local connectors wired in before kickoff
TMT
for pricing, payouts and repayments
1–2
weeks from kickoff to the first loan
2
interface languages: Turkmen, English

Working with borrowers in Turkmenistan

Tools for every borrower conversation

Borrowers in Turkmenistan apply, sign, pay and come back for repeat loans in Turkmen and TMT.

Applications in minutes

Borrowers apply on the web or in the app, and staff file applications from the back office. A half-filled form waits for them to come back.

New application

Draft saved
Step 2 of 4 · Personal detailsStep 2/4

Reminders that get read

Approvals, due dates and overdue notices go out by WhatsApp Business and Infobip automatically.

Your application is approvedWhatsApp Business
Your payment is due tomorrowInfobip
New receipt in your portalSMS

Rewards for repeat borrowers

Points for on-time payments, promo codes for campaigns and manual adjustments by staff.

WELCOMEfirst loan
Bonus balance1,240 pts

A portal for repeat loans

Repeat borrowers reapply without retyping data, extend or repay from their phone.

Extend loan
Repay early
Refinance

Contracts without paperwork

Loan agreements, extension requests and receipts are generated and e-signed in Turkmen.

Loan agreementSigned
Extension requestReady
Payment receiptDraft

Decisioning

Decisions in seconds, explained in plain words

Third-party and built-in checks run in one flow, for individuals and businesses. Every approval and decline shows the rules and scores behind it.

  • Every check in one passAnti-fraud, identification, credit bureaus, sanctions and digital footprint.
  • Rules you can readYour team can answer any borrower about why.

Application #48213

Aygul · Consumer loan, 6 months · 5 000 TMT

Approved
Credit score712
  • IdentityVerified
  • Anti-fraudPassed
  • Credit bureau712
  • Debt-to-income31%
  • Sanctions & watchlistsClear
Decision time28 s

Local stack

The Turkmenistan stack, connected before kickoff.

lendhero ships with the connectors lenders in Turkmenistan use every day, from State credit register to Card. New ones are added through the open API.

  • Credit bureaus & registries1 connector
    • SState credit register
  • Identity & KYC2 connectors
    • IIn-branch ID
    • LLender data
  • Bank & alternative data1 connector
    • BBank statements
  • Disbursement rails2 connectors
    • AAltyn Asyr cards
    • BBank transfer
  • Repayments & collections2 connectors
    • CCard
    • BBank transfer
  • Messaging3 connectors
    • WWhatsApp Business
    • IInfobip
  • E-signature2 connectors
    • DDocuSign

Checks and payments

Who borrows and how money moves in Turkmenistan

Applicants are checked with State credit register, and money moves via Altyn Asyr cards and Bank transfer.

Client checks

Checks connected in Turkmenistan:

  • Anti-fraud servicesDevice, behaviour and blacklist checksPass
  • Identity verificationIn-branch ID, Lender dataPass
  • Credit bureausState credit registerPass
  • Government registriesNational ID and tax registriesPass
  • Bank and alternative dataBank statementsReview
  • Additional data sourcesTelco, open banking and your own listsAuto

Payment infrastructure

Payment rails connected in Turkmenistan:

DisbursementAltyn Asyr cards, Bank transfer in TMT
RepaymentCard, Bank transfer
Status checksEvery payment tracked until it settles
Reversals and refundsCancel or refund with a full audit trail
  • Altyn Asyr cards
  • Bank transfer
  • Card

Loan servicing

Every loan and every repayment on one screen

Edit terms, recalculate interest, apply penalties and follow the full schedule without exporting anything.

  • Automatic calculations for every loanInterest, fees and penalties in TMT are calculated by a dedicated engine with 200+ configurable parameters. Staff can still adjust any amount by hand, and every change is logged.
  • Loan products in minutesSet up consumer, instalment and business products with their rules and scenarios in the admin panel, without a release.
  • Notifications tied to every calculationEach due date, penalty and recalculation sends the right message to the borrower and your team.

Loan #48213

5 000 TMT

On track
Auto-calculated · 200+ parametersManual edit
Repaid 1 780 TMT of 5 350 TMT2 of 6 payments
DateAmountStatus
Sep 4890 TMTPaid
Oct 4890 TMTPaid
Nov 4890 TMTDue in 7 days
Dec 4890 TMTUpcoming
Jan 4890 TMTUpcoming
Reminder sentYour payment of 890 TMT is due Nov 4

Loan flow

How a loan runs in Turkmenistan. Five steps, all local.

  1. 01ApplyBorrowers apply on the web, in the app or via SMS, with forms in Turkmen and English.
  2. 02VerifyIdentity and documents are checked through In-branch ID and Lender data.
  3. 03DecideScorecards pull State credit register data and return a decision in seconds.
  4. 04DisburseFunds go out via Altyn Asyr cards or Bank transfer in TMT, straight after signing.
  5. 05CollectRepayments arrive via Card and Bank transfer, with reminders over WhatsApp Business.

Portals

One platform, three portals

Everyone works in the same system and sees only what their role allows.

My loan

5 000 TMT

Next payment

890 TMT · Nov 4

Pay now

Extend loan

Customer portal

Borrowers apply, repay, extend and track loans online.

Applications

AygulVerifierApproved
Daniel O.AnalystReview
Maria L.RiskApproved
Tomas K.AnalystDeclined
Lena P.VerifierReview

Staff portal

Managers, analysts, risk, verifiers and collectors work side by side.

Role · Verifier

12 users
View applications
Verify documents
Approve loans
Edit loan terms
Export reports

Super-admin portal

Products, roles, permissions and rules change without a release.

Products

What lenders in Turkmenistan launch on .

Consumer instalment loansPersonal loans with branch onboarding.
MicrofinanceLoans for farmers.
Business lendingLoans for small enterprises.

Compliance

Configured for the central bank and national data protection law.

lendhero is software: the licence stays yours. We set the platform up for the rules you operate under in Turkmenistan.

Hosting & data residency

Cloud or on-premise deployment, with data stored where national data protection law requires.

Consent & privacy

Borrower consents are captured, versioned and logged under national data protection law.

Pricing & disclosures

Rates, fees and cost-of-credit disclosures set per product for the central bank rules.

Audit trail

Every decision, edit and message is logged for internal and external audits.

More markets in Central Asia

All Asia markets

Questions

Frequently asked

Didn’t find the answer? Write to us and we’ll reply within one business day.

Can lendhero run a lending business in Turkmenistan?+

Yes. The platform is set up for TMT, Turkmen and English and the central bank requirements, with 12 local connectors ready on day one.

Which credit data sources are connected in Turkmenistan?+

State credit register. On top of that, identity checks run through In-branch ID and Lender data and bank data comes from Bank statements.

How do borrowers get paid and repay?+

Payouts go out via Altyn Asyr cards and Bank transfer in TMT. Repayments arrive via Card and Bank transfer, with reminders over WhatsApp Business and Infobip.

How long does a launch in Turkmenistan take?+

Usually 1–2 weeks from kickoff to the first loan, including connecting 12 local services, product setup, staff training and a test run.

Can we run several countries on one platform?+

Yes. One installation serves several countries, each with its own currency, products, languages and local connectors.

Book a demo

Lending in Turkmenistan? Let’s plan the launch.

We’ll walk you through the platform, show what matters for your products and answer questions about your business.

  • A 30-minute call
  • A walkthrough on your products and markets
  • Answers on timeline, integrations and pricing

Tell us about your lending

We reply within one business day.

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