The Guarantee Fund discussed the issue of financing the breeding of Angus bulls for export

Chairman of the Board of OJSC “Guarantee Fund” Malik Abakirov held a meeting with a consultant of the Japanese consulting firm IMG Inc. Nobuhisa Iwase.

During the meeting, the parties discussed the concept of a project to finance the breeding of Aberdeen-Angus bulls.

The project is aimed at breeding bulls for export-oriented eco-beef of the highest grade of grass-fed beef from Kyrgyzstan.

According to the concept of the proposed project, OJSC «Guarantee Fund” is offered to provide credit guarantees for the import of Angus bulls, breeding, processing and further export to entrepreneurs engaged in cattle breeding.

It is assumed that technical assistance will be provided by JICA (Japan International Cooperation Agency in Kyrgyzstan), which will coordinate the project and assist in business planning.

During the conversation Malik Abakirov informed the Japanese guest in detail with the activities of the Guarantee Fund to support entrepreneurs in providing access to credit resources, providing consulting and other services.

Reference:

IMG Inc. (International Management Group) is a consulting firm specializing in the planning and implementation of official development assistance (ODA) projects in developing countries.

Striving for socio-economic well-being, IMG Inc. provides recommendations on development policy, formulates ODA projects, conducts technical and economic analysis of projects, helps in capacity development.