Commercial banks of Kyrgyzstan have provided 9,976 soft loans for 5,163.7 billion soms in 2019. The Ministry of Finance provided such data.
They have been provided mostly:
- For crop production — 2,876 loans for 1,165 billion soms;
- For livestock breeding — 6,761 loans for 2,625.4 billion soms;
- For processing and services in agriculture — 339 loans for 1,373.2 billion soms.
The loans were provided at a reduced interest rate (at 6, 8 and 10 percent per annum) to business entities and individuals under the project «Financing of Agriculture — 7.»