The Guarantee Fund supported export businesses in the regions with 1.1 billion soms

The Guarantee Fund continues to actively support entrepreneurs in the regions of Kyrgyzstan, paying particular attention to businesses operating in the export and import substitution sectors.

Since the beginning of the year, export-oriented enterprises have been receiving priority guarantee support, which allows them to attract financing, expand production and confidently enter new markets.

The total amount of guarantees provided to export-oriented enterprises in the regions amounted to 1.1 billion soms.

Thanks to guarantee support, entrepreneurs were able to attract credit resources amounting to over 3.9 billion soms.

Distribution of guarantees by region:

• Talas region — 393.3 million soms in guarantees — over 1.3 billion soms in loans;
• Chui region – over 375.1 million soms in guarantees – over 1.4 billion soms in loans;
• Osh region – 191.2 million soms in guarantees – about 590.6 million soms in loans;
• Jalal-Abad region – 97.9 million soms in guarantees – 332 million soms in loans;
• Issyk-Kul region – 43.8 million som in guarantees – 170.4 million som in loans;
• Batken region – 20.1 million som in guarantees – over 55.6 million som in loans;
• Naryn region – 4.6 million som in guarantees – 10.5 million som in loans.

The main sectors covered by the guarantees are agriculture and processing (1.02 billion soms), industry (451.8 million), transport, tourism, services and trade (over 170.2 million).