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  • GUARANTEE FUND SUPPORTS ENTREPRENEURS

    GUARANTEE FUND SUPPORTS ENTREPRENEURS

    Guarantees for entrepreneurship.

    As of May 29, 2019, Guarantee Fund approved 838 guarantees in the total amount of KGS 1.039 billion. Thanks to guarantees on loans, partner banks approved guaranteed loans to entrepreneurs in the amount of KGS 3.582 billion.

    Since the beginning of this year, 182 guarantees have been approved in the amount of KGS 284.6 million. Partner banks approved the guaranteed loans in the amount of KGS 829.8 million.

    To date, Guarantee Fund has disbursed 74 percent of the RKDF loan (KGS 100 million) obtained to support regional entrepreneurs. The guarantees were provided to 43 entrepreneurship projects in the total amount of KGS 73.6 million.

    Reminding that the priority areas for providing guarantees are production of various types of products; agriculture and processing of agricultural products; sewing and textile industries; export-oriented and import-substituting enterprises; tourism and other industries.