OJSC “Guarantee Fund” summed up the results of its activities for the first half of 2021

For the first half of 2021, OJSC “Guarantee Fund” issued 383 guarantees in the amount of more than 540 million kgs.. The amount of loans issued under the guarantees of OJSC “Guarantee Fund” amounted to almost 1.9 billion soms.

As of the end of June 2021, entrepreneurs, representatives of almost all regions of the country received guarantee support, while the leading positions were taken by representatives of SME of the Chuy oblast’, for whose business projects 29% of guarantees were issued. 25% of the guarantees were provided for entrepreneurs of Bishkek. For SMEs of the Jalal-Abad and Osh regions, 13% of the total number of guarantees were sent. The remaining 20% of guarantees were distributed to support entrepreneurs of the Issyk-Kul region-7%, Talas region-5% and Naryn region-4%.

OJSC “Guarantee Fund”, as before, provides guarantees on a priority basis for entrepreneurs engaged in agriculture and industry, where 44% of the total number of guarantees were sent.

It should be noted that during the same period of 2020, entrepreneurs were supported by providing 180 guarantees in the amount of about 250 million kgs, and the amount of loans under the guarantees of JSC “Guarantee Fund” exceeded the mark of 1 billion kgs.

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