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  • AS OF AUGUST 26, OJSC “GUARANTEE FUND” APPROVED 939 GUARANTEES

    Activities of Guarantee Fund have socio-economic effect

    As of August 26, 2019, OJSC “Guarantee Fund” approved 939 guarantees to small and medium enterprises in total of 1.246 billion KGS. The volume of loans approved by partner banks amounted to 4.237 billion KGS.

    Since the inception of the year, 283 guarantees have been approved in the sum of 491.7 million KGS. 1.484 million KGS in loans were approved by partner banks.

    SOCIO-ECONOMIC EFFECT OF GUARANTEES

    As of July 31, 2019, 604 new jobs were created, 2.816 active jobs were maintained (in total, 1.829 new jobs were created, and 8.703 active ones were maintained from the inception of the activities).

    11 export-oriented projects in the amount of 81 million KGS have received guaranteed support (a total of 63 guarantees for 240 million KGS since the kick off of activities).

    Women entrepreneurs received 66 guarantees in total of 97 million KGS (a total of 262 guarantees for 321 million KGS since the inception of activities).