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Entrepreneurs receive 11.8 billion soms in loans thanks to state guarantees

At year-end 2021, entrepreneurs received 11,819 billion soms in loans thanks to state guarantees. The Guarantee Fund of Kyrgyzstan reported.

The fund issued 2,387 guarantees for 3,448 billion soms. As a result, 3,530 jobs were created or supported at the expense of the loans received by businesses.

«The number of banks with which the Guarantee Fund cooperates increased to 19 last year. The fund’s resources are directed to the priority sectors of the economy — agriculture, processing of agricultural products, industry and tourism,» the statement says.

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