Published
07/08/2026, 12:12OJSC ‘Guarantee Fund’ has announced a selection process for financial institutions to participate in the ‘Green Guarantees’ scheme. The project, with a total budget of $59 million, aims to expand financing for environmentally sustainable projects run by micro, small and medium-sized enterprises.
OJSC ‘Guarantee Fund’ has begun implementing the ‘Green Guarantees’ component of the project ‘Development of a Sustainable Financial Market for Micro, Small and Medium-sized Enterprises in the Kyrgyz Republic’. The first stage involved the selection of financial institutions that will be able to join the new guarantee support mechanism.
The project provides for the provision of portfolio and individual guarantees, which will help reduce banks’ credit risks and expand entrepreneurs’ access to funding for projects in the fields of energy efficiency, the introduction of modern technologies and the rational use of natural resources.
Under the terms of the programme, individual entrepreneurs and legal entities that have been in operation for at least six months will be eligible for the guarantees. Funding will be provided for commercial purposes that meet the requirements of Kyrgyzstan’s Green Taxonomy.
Under the portfolio guarantee scheme, the amount of financing will be up to 10 million KGS or up to $115,000 for a term of up to 60 months. The guarantee coverage will be up to 50 per cent of the loan amount. For individual guarantees, there is no limit on the amount of financing, the term is up to 120 months, and the maximum guarantee amount may be up to 130 million KGS or $1.485 million.
The project is being implemented with the support of the World Bank. Its total funding amounts to $59 million. The main objective is to develop the green finance market and expand businesses’ access to environmentally sustainable investments.
