According to the press service of the Kyrgyz Guarantee Fund, the Fund has provided businesses with collateral worth over 10.2 billion KGS. 

Only for the first eight months of 2024, the Fund provided entrepreneurs with 2 thousand 312 guarantees for 2.22 billion KGS. This allowed the business to get bank loans for 6.16 billion KGS.

“In the future, JSC ‘Guarantee Fund’ plans to further increase indicators on the number and amount of issued guarantees, as well as on the volume of loans provided under the guarantee support,” the Fund emphasizes.

Since 2016, when the Fund granted the first guarantees to entrepreneurs for 900,000 KGS, it has been constantly increasing the volume of support to businesses. In total, it has provided guarantees for more than 10 billion 230.9 million KGS, which has ensured entrepreneurs access to funding from commercial banks worth 32.4 billion KGS.