Loan Purpose |
To support and develop agriculture and ensure the country’s food security by financing crop farming sectors for the purchase of seeds for perennial grasses, grain crops, oilseeds, and leguminous crops, (wheat, barely, oil flax, spring rapeseed, sunflower, soybeans, etc.). |
Loan Type: |
- Goods loan provided as seeds. |
Collateral |
In accordance with the Bank’s Collateral Policy. Loans up to 300, 000 KGS may be issued without guarantors or collateral. |
Loan Term |
Until November 15, 2026. |
Loan Currency |
Kyrgyz Som (KGS) |
Interest rate |
4,5% per annum |
Loan Repayment Schedule |
Periodic annuity payments or periodic equal principal repayments with corresponding interest. |
Grace Period |
- Up to 6 months on the principal amount; - Up to 3 months on interest payments, if needed. |
Effective Interest Rate: from 4,59% per annum (KGS)