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    Support of a Business.

    January of the new year turned out to be quite fruitful for guarantees. In total, this month, OJSC “Guarantee Fund” approved 81 guarantees in amount of 10.6 million KGS, under which partner banks approved loans for entrepreneurs in total of 20.9 million KGS.

    Which regions and which projects were guarantees issued for?

    For example, entrepreneurs from village of Zhalgyz-Terek, Naryn District, Sary-Tash, Alai District, Sur, Kadamzhai District, requested loans for the purchase of dairy cattle. Many people needed a loan to replenish working capital. Among them are enterprises form villages of Aravan and Chogom of Aravan region, Orto-Suu, Alai region, the cities of Uzgen and Bishkek.

    The guarantee of OJSC “Guarantee Fund” for obtaining a loan for the purchase of non-residential premises was issued in January to an entrepreneur from Osh.

    From the beginning of activities to January 28, 2020, OJSC “Guarantee Fund” issued 1683 guarantees for a total amount of 1686 million KGS. Under these guarantees, partner banks approved loans in the amount of 5 billion 678 million KGS.


    Intensive Sheep Husbandry.

    On January 28, 2020, the Chairman of the Management Board of OJSC “Guarantee Fund”, Malik Abakirov, and the member of the Management Board Manas Zhakishov, were on a business trip in Batken region. During the trip, they were accompanied by the regional representative of OSJC “Guarantee Fund” Nurlanbek Abdamitov.

    During the meeting with local farmers, they spoke in detail about the program of Intensive Sheep Husbandry Development in the Kyrgyz Republic” developed by OJSC “Guarantee Fund”. The program evoked great interest among farmers. Many questions were raised on their part, to which they received detailed explanations.

    The participants of meeting expressed their gratitude to the management of OJSC “Guarantee Fund” for providing information on the essence of intensive sheep breeding, and a promise to farmers to assist, if necessary, in obtaining guarantees.