SME financing projects were discussed in Karakol

Regional news.

On December 15, 2020, in Karakol (city in the Issylk-Kul region), at the Karavan hotel, a seminar was held on the topic “State programs for financing entrepreneurship entities and conditions for financing banks.” The seminar was organized by the JIA Business Association in cooperation with the Entrepreneurship Support Center.

The regional representative of the OJSC “Guarantee Fund” Kubanychbek Nasirov took part in the seminar and told the participants about the mechanisms for providing guarantees and the program “Increasing the access for SMEs to financing in order to mitigate the consequences of COVID-19.”

The projects “Financing of Entrepreneurship Entities” and “Financing of Agriculture” aroused particular interest among entrepreneurs.

Representatives of “Aiyl Bank”, “RSK Bank”, “CB Kyrgyzstan”, “Bai-Tushum” and KICB also spoke at the seminar. They expressed their readiness to intensify further work on the issuance of guaranteed loans.