OJSC “GF” and RKDF signed a loan agreement amounting to KGS 100 million

Support for regional entrepreneurs.

On June 19, 2019, in the office of the RKDF, the Agreement on the provision of a loan in the amount of KGS 100 million was signed between OJSC “Guarantee Fund” and the Russian-Kyrgyz Development Fund. The agreement was signed by the heads of two financial institutions Malik Abakirov and Erkin Asrandiev.

The funds of this loan are targeted and will be directed to guarantee support of regional entrepreneurs.

It should be noted that earlier OJSC “GF” already twice received a loan from the RKDF for similar purposes. One of them was successfully disbursed in 2018. The disbursement of the second loan continues. As of June 19, 78% of loan funds had already been disbursed. 46 business projects of regional entrepreneurs received the guarantee support.