How the Fund works
Project participants:
- Project initiator (Customer) – an individual or legal entity that creates an Application based on which the Foundation forms the Project.
- Kfsr "Turkistan" (Payer) – accumulates and manages financial resources for use in created Projects aimed at improving the condition of the most needy segment of the population of the Turkestan region.
- Service representative (Performer) – a legal entity that provides Services to the Fund to achieve the goals of the formed Project.
How the Fund works
- The initiator of the project offers the Fund its project or sends a request to the Fund to perform services for the needs of the population of the region.
- The Fund, with the involvement of specialists and third-party experts, carries out a comprehensive examination and evaluation of the project (application) and forms the project.
- The initiator of the project and the Foundation determine the conditions for the project implementation and the service Representative whose services are required for the project implementation.
- The approved project is approved in accordance with the established procedure by the Fund's Board of Trustees.
- A three-way agreement is signed between the project Initiator, the Foundation, and the service Representative.
- The Fund pays for the services provided by the Representative for the project at the request of the project Initiator.