A Business Caravan Forum was held in Jalal-Abad city

October 6, 2021 Chairman of the Board of OJSC “Guarantee Fund” Malik Abakirov took part in the Business Caravan in Jalal Abad city.

The Business Caravan Forum was attended by entrepreneurs from all regions of the country. Including the clients of OJSC “Guarantee Fund” who intend to continue cooperation with Fund.

The welcoming speech was made by Chairman of the Board of Business Association JIA Anarbek Malabaev, the First Deputy Plenipotentiary Representative of the President in Jalal-Abad Region Mamasaly Akmatov, the Mayor of Jalal-Abad city Ernis Jrmokov, National Economic Advisor of OSCE Program Office in Bishkek Kalys Khasanova.

Malik Abakirov spoke at the plenary session in the thematic block “Agriculture and export (Production, Organic)”. The discussion issues related to the support of export-oriented enterprises.

During the discussion, Malik Abakirov told the participants of the business forum about the activities of OJSC “Guarantee Fund”, the services provided, the mechanisms for obtaining guarantees and the programs implemented by the Fund.

The representative of the “Aman-GreenFood” company which is engaged in the production of honey and honey products, emphasized that the company is a client of the Guarantee Fund and is happy to cooperate with the Fund.

According to the organizers, the main goal of the event is to support entrepreneurship in the region.  The event is held for the purpose of establishing business ties and sustainable partnership between entrepreneurs of Osh, Batken, Issyk-Kul, Talas and Jalal-Abad regions.

The BUSINESS caravan is organized by the Entrepreneurship Support Center with the support of the OSCE Program Office in Bishkek.

Recall that the Guarantee Fund was established by the Government of the Kyrgyz Republic in 2016 for the development and support of small and medium-sized businesses in Kyrgyzstan. Guarantee is a financial instrument that provides the missing part of collateral for obtaining the full loan amount from banks.

The activities of the Guarantee Fund are aimed at supporting small and medium-sized businesses in Kyrgyzstan by providing entrepreneurs with access to financial resources in case of insufficient collateral.