OBSERVATION OF FARMS OF PRODUCERS OF MLK AND LOAN PREPARTION CONTINUES IN TYUP DISTRICT
- Posted by: test
- Category: Digest
OJSC “Guaranttee Fund”, as a participant in the implementation of the World Bank’s project “Integrated Dairy Productivity Improvement”, continues to conduct surveys of farms in Issyk-Kul region and issues loans.
It is worth to note that the issuance of loans is preceded by a survey of households by employees of OJSC “Guarantee Fund” to select farms and households for financing. The lists are then transferred to Guarantee Committee of the fund, which makes the final decision on loan approval.
Loans are interest-free, issued in the amount of up to 1200 US dollars per person (equivalent in soms), and for a period of 10 months to 3 years.