Guarantees day by day.

From the beginning of 2018, as of December 4, OJSC “Guarantee Fund” (OJSC “GF”) approved 400 guarantees for issuance to small and medium-sized enterprises in the amount of KGS 445.5 million. The volume of loans approved by partner banks amounted to KGS 1.449 billion.

It should be noted that for the entire period of the activity of Open Joint Stock Company “GF”, starting from 2016, 637 guarantees were approved in the amount of KGS 693.7 million. Partner banks approved loans in the amount of KGS 2.441 billion.

On December 4, OJSC “GF” disbursed 12 percent of the second loan of the RKDF received in the summer of this year in the amount of KGS 100 million (guarantees were provided for 3 projects). The first 100 million loan was received in the spring and successfully disbursed by the autumn of 2018, guarantees were provided for 65 projects.

Recently, guarantees were provided to entrepreneurs from different regions of Kyrgyzstan: metal production (replenishment of working capital) in the Chui region, animal husbandry and catering services (building a shop) in the Batken region, milk processing (purchasing equipment and expanding production areas) in the Chui region, trade in household goods (replenishment of working capital) in Talas region, etc.

The results of the 3rd quarter of 2018

At the end of the third quarter of 2018, 38 export-oriented projects received guarantee support. 174 guarantees were issued to women entrepreneurs. A total of 1,210 new jobs were created and 5,615 already existing jobs were supported.

In particular, guarantees were issued to clients of “Aiyl Bank” (320 guarantees), “Bank of Asia” (81), “RSK Bank” (63), “Halyk Bank” (56), “CB Kyrgyzstan” (52 guarantees), etc.

Within the program “One region – one enterprise”, as of November 30, 27 projects worth KGS 80 million were implemented. The projects are aimed at the creation of new industries and the opening of new directions in existing enterprises.