Guarantee funds are in active process of establishment throughout the Republic.
On April 18, 2017 the meeting with Government Representative in Naryn region A.K. Kaiypov and his apparatus took place. Government Representative in Naryn region A.K. Kaiypov provided office in the building of FEZ “Naryn” for Representative Office of OJSC “Guarantee Fund”.
A.K. Kaiypov and his deputy K. Asizov asked the Chairman of the Board of OJSC “Guarantee Fund” to provide assistance to 22 entrepreneurs in Naryn Region in Business Plan Development and its Promotion in banks of the Kyrgyz Republic for obtaining loans. If necessary, OJSC “Guarantee Fund” will provide guarantees for SMEs. During negotiations it was decided to hold investment forums on loans and guarantees.
It should be noted that all Government Representatives in regions support SMEs. Cooperation with local state administrations and partner banks will let OJSC “Guarantee Fund” assist SMEs in obtaining loans with the help of guarantees and extend guarantee promotion system in all regions of the country.