GUARANTEES OF OJSC “GUARANTEE FUND” ASSIST ENTREPRENEURS IN ACHIEVING GOALS
- Posted by: Admin
- Category: Digest
OJSC “Guarantee Fund” assists in the formation and development of small and medium enterprises, reinforces their financial condition, and helps achieve their business goals. Due to guarantees, entrepreneurs are developing production, contribute to the socio-economic development of regions, export-oriented enterprises are entering foreign markets. Among the recipients of guarantees, almost a third are women entrepreneurs.
As of August 28, 2019, OJSC “Guarantee Fund” approved 943 guarantees for a total sum of 1.249 billion KGS.
Partner banks approved 4.242 billion KGS in loans for entrepreneurs.
Since the inception of the year, 287 guarantees have been approved in the sum of 494.1 million KGS. Partner banks, under the guarantees of the fund, approved loans in the amount of 1.490 billion KGS.
As of August 28, OJSC “Guarantee Fund” mastered six percent of the third loan of the Russian-Kyrgyz Development Fund in the amount of 100 million KGS. Four guarantees were issued in total of 5.9 million KGS.
“Give a person a goal worth living for, and he can survive in any situation”
Johann Wolfgang von Goethe
Note that the specialists of OJSC “Guarantee Fund” are ready to advise you on the following queries:
- Receiving guarantees;
- Attracting financing (using various instruments – lending, leasing, attracting direct investment, etc.);
- Assistance in creating new enterprises or opening new directions in existing enterprises (the program “One Region – One Enterprise”)
- Preparation of business plans (on a contractual basis) and other issues.
You can contact OJSC “Guarantee Fund” at the address: Bishkek, Chui Ave. 114, 4th floor, office 408th. Phone Number: (0312) 62-53-79
Regional entrepreneurs are able to contact our representatives in the regions. Their phone numbers are indicated on the website of OJSC “Guarantee Fund”