Support for entrepreneurship.

On May 15, 2021, President of the Kyrgyz Republic Sadyr Zhaparov during a trip to the Issyk-Kul region took part in the launch of the “Reina-Kench” meat processing plant in Karakol. Cattle slaughter, primary processing of meat and further delivery to the final consumer will be carried out here.

We would like to note that in September 2020, OJSC “Guarantee Fund”, within the framework of its own program “One District – One Enterprise” * (ODOE), provided guarantee support to agricultural complex “Reina-Kench” to receive a loan from Ayil Bank.

In November of the same year, Chairman of the Board of OJSC “Guarantee Fund” Malik Abakirov visited the farm and got acquainted with the construction of a meat processing plant in Karakol. Then the head of the fund was able to personally make sure that the funds were used for the intended purpose, that a really good undertaking with great prospects was supported.

Very little time has passed and now the enterprise has begun to function, to produce meat products, providing work for more than a hundred local residents.

The production capacity of the meat processing plant is 500 heads of small cattle and 100 heads of cattle per slaughter per day. Among the suppliers are farms in nearby areas and the city of Karakol.

OJSC “Guarantee Fund” is always ready to support the construction of enterprises that contribute to building the productive potential of the regions, creating jobs and reducing population migration.

The “Guarantee Fund” ODOE program consists in supporting entrepreneurs planning to create new industries or new activities in existing enterprises in the regions of Kyrgyzstan.