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  • Approximately five hundred new jobs thanks to guarantees in 2020

    Approximately five hundred new jobs thanks to guarantees in 2020

    Socio-economic effect

    OJSC “GF” places particular emphasis in its activities not only on guarantee support for entrepreneurs who need loans for the production development and modernization, technical re-equipment or replenishment of working capital, but also on the contribution to ensuring employment of the population. 

    For example, in 2020, as of September 30, 469 new jobs were created and 2,930 existing ones were supported. In total, since the beginning of the activity to this date, 2882 jobs have been created and 13 392 existing ones have been supported.

    Here the socio-economic effect of the activities of the OJSC “GF” is obvious: the creation and support of jobs has a beneficial effect on the income of employees, the well-being of their families.

    We also note that tax collections and social contributions to local budgets are increasing, thereby expanding their capabilities to address and solve priority and strategic socio-economic problems.

    WOMEN IN BUSINESS

    WOMEN IN BUSINESS

    One of the priorities of OJSC “GF” is to support active women-entrepreneurs doing business in all sectors and regions of Kyrgyzstan and in the implementation of their business plans.

    During direct meetings with entrepreneurs, consultations conducted by employees of OJSC “GF”, primarily regional representatives, women-entrepreneurs are always invited. They receive consultations on obtaining guarantees, participation in the programs of OJSC “GF”, assistance in drawing up business plans.

    Thanks to this cooperation, more and more women are applying for guarantees of OJSC “GF”. For example, according to the results of three quarters of 2020, 544 out of 1271 guarantees were provided to women- entrepreneurs. In total, during the whole period of activities of OJSC “GF” and as of September 30, 2020, they received 1081 guarantees (out of 2873 guarantees).

    Among women-entrepreneurs are representatives of all regions, including export-oriented industries – garment makers, agricultural producers, processors, representatives of the service sector, tourism.