VIDEOCONFERENCE DEDICATED ON KYRGYZSTAN GUARANTEE SYSTEM WAS HELD

  International cooperation.

On April 6, a video conference was held with the participation of Malik Abakirov, Chairman of the Management Board of OJSC “Guarantee Fund”, and representatives of the State Fund for Supporting Entrepreneurial Activities and the Enterprise Development Agency of the Republic of Uzbekistan. The event took place on the initiative and with the assistance of the representative of the Asian Development Bank in Uzbekistan Priyanka Sood.

Abboshon Mahamatov, executive director of the foundation, Azizbek Saxonov, Burkhon Normirzaev and Kudrat Rajapov, heads of departments, as well as a number of representatives of the Enterprise Development Agency took part in the event from the Uzbek side.

They showed great interest in the activities of OJSC “Guarantee Fund”, the experience of introducing such a financial tool to support entrepreneurs as guarantees, the conditions and mechanisms for providing guarantees, and guarantee products.

Chairman of the Management Board of OJSC “Guarantee Fund” Malik Abakirov made a presentation on the topic “Guarantee Fund as a tool for the development of SMEs” and described in detail the history of the implementation of the guarantee system in Kyrgyzstan, the creation of OJSC “Guarantee Fund,” the company’s achievements and prospects, the Kyrgyz model of guarantee funds, now successfully used in neighboring Tajikistan.