Preferential Lending for Social Assistance Beneficiaries.

Loan Purpose 

Within the framework of the project, financing in 2024 will be provided to develop existing income-generating activities for commercial purposes, to expand, sustain businesses, or support subsidiary farming established with funds previously received under social assistance based on a social contract (the list of participants is compiled by the Ministry of Labor, Social Security, and Migration of the Kyrgyz Republic).  

Loan Amount

From 10, 000 KGS to 200, 000 KGS (inclusive)

Loan Term

Up to 36 months

Loan Currency

Kyrgyz Som (KGS)

Interest Rate

0%

Collateral

From 10, 000 to 100, 000 KGS (inclusive): without  guarantors or collateral;

From 100, 001 to 200, 000 KGS (inclusive):   Guarantors of one individual, movable property, or immovable property.   

Repayment Schedule

Monthly equal principal repayments.

Grace Period

Up to 3 months on the principal amount (inclusive)