🇰🇿 KZ · Kazakhstan
Food & events
Banquet hall + government-tender F&B supply
Turnover
$1.73M
Equity growth
~55× in 21mo
Jan 2024 — Mar 2026 · 27mo
Allocation 2026
Private credit
for private capital.
Dash gives private investors access to secured credit deals in Central Asia.
Senior secured USD-denominated Quarterly distributions
§01 · The fund
Access banks
used to keep to themselves.
Private credit is a capital-markets segment yielding 15–25% per annum: working-capital lines, trade finance, and secured direct lending to private businesses. For decades it has been accessible only to banks and major institutional investors — private investors were kept out by high minimum commitments and opaque infrastructure.
Dash opens this segment to private investors. A single fund vehicle, $10,000 minimum, transparent reporting. The same yield banks have earned for years — now accessible to private capital.
§02 · How the model works
Where the yield
comes from.
The fund finances secured trade credit for small and medium-sized businesses in Central Asia. Businesses pay for that capital — and that interest is what generates investor yield.
The path of capital
01
Investor capital
You commit funds in USD. Capital is pooled into a single fund vehicle.
02
Lending to business
The fund issues short, secured loans to vetted businesses against working capital and trade deals.
03
Repaid with interest
Businesses repay with interest. The spread between borrower rate and your return covers costs and the buffer.
04
Distributions
Income is distributed to investors quarterly in USD. Reinvestment is available.
How proceeds are distributed
Investors first.
Every distribution follows a fixed order. Investors receive their target return and principal first. Dash only gets paid once investors are made whole.
Distribution waterfall
If the fund earns less than the target rate, investors receive whatever is available — Dash's return goes to zero first. Only after investors have received their target return and principal does Dash receive its share.
01Return to investors
Investors first receive their target return — up to 15% p.a. in USD.
02Principal back to investors
Next, 100% of investors' principal is returned in full.
03Return to Dash
Only after investors are fully paid does Dash receive a return on its own capital.
04Principal back to Dash
Dash's own principal is the last to be returned.
First in line
01Return to investors
02Principal back to investors
03Return to Dash
04Principal back to Dash
Last in line
The distribution order is fixed in the fund's LPA and does not change with performance in any given period.
§03 · Strategy parameters
Terms of participation
Target return from 15% p.a. · USD
Minimum commitment $10,000
Investment horizon 12 months, extendable
Distributions Quarterly
Deposit method SWIFT USD · USDT / USDC
Structure Senior secured
Investment region Central Asia
Returns are targets, not guarantees. Past results do not determine future performance.
Your returns
Estimate
your income.
Target return from 15% p.a. in USD with quarterly distributions. Drag the slider to see an estimate for your amount.
$50,000
Target rate: 15%Horizon: 12 months
Income per year
$7,500
Quarterly payout
$1,875
Capital after 12 mo
$57,500
Cumulative income by quarter
Q1Q2Q3Q4
Estimated at the 15% target rate, no reinvestment. Returns are targeted, not guaranteed. Past performance does not determine future results.
§04 · Portfolio
The businesses
your capital finances.
Every borrower is reviewed against bank statements and tax filings before any capital is deployed. Below are anonymized examples from the current portfolio.
🇰🇬 KG · Kyrgyzstan
Import & wholesale
Türkiye-sourced consumer goods + construction materials
Turnover (12mo)
$2.44M
Net margin
13.8%
Jan 2025 — Dec 2025 · 12mo
🇺🇿 UZ · Uzbekistan
Agri exporter
Fresh fruit & vegetable exports to the EU
Turnover
$1.82M
EU customer share
~70%
Jan 2024 — Feb 2026 · 25mo
🇨🇳 CN · China
GPU distribution
GPU resale to retailers and system integrators
Turnover (12mo)
$498K
Inventory turn
< 30 days
Jan 2025 — Dec 2025 · 12mo
Steady turnover is what lets a business service short-term trade credit. These are the deals your capital finances — and what generates your income.
§05 · Process
How to become an investor
01
Application
You submit the form. The management team responds within 24 hours via the contact details you provide.
02
Introduction
Call with the team, about 30 minutes. You learn the strategy, we learn your profile and objectives.
03
Signing
KYC and AML procedures, LPA signing, USD transfer via SWIFT or USDT/USDC to the fund wallet.
04
Distributions
Quarterly portfolio report. Payouts in USD. Reinvestment option available.
§05 · Team
Who runs the fund
The fund is run by Dash's founders — with operational control over capital deployment and borrower assessment.
Mikhail Kedzel
Co-founder · Investments & credit risk
Responsible for the fund's investment strategy, borrower underwriting and portfolio management.
LinkedIn
Vladislav Lenskii
Co-founder · Operations & technology
Responsible for operational infrastructure, capital deployment and the technology platform.
LinkedIn§07 · Risk and liquidity
What you should understand
Investing in the fund involves the risk of partial or total loss of capital. Returns are targeted, not guaranteed. Past performance does not determine future results.
Funds are not insured by any deposit-guarantee scheme and do not constitute a bank deposit. Capital is returnable at the end of the investment period (12 months) or in quarterly early-exit windows subject to a discount.
In the event of borrower default, the fund executes collateral through procedures defined in the LPA. Collateral coverage of 1.3–1.8× provides a recovery buffer but does not guarantee full restoration of the position.
§08 · Application
Get in touch
Applications are reviewed individually. The management team responds within 24 hours via the contact details you provide.
Dash Capital Ltd. is a Category 3C investment management company, regulated within an international financial centre.