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Farmers get soft loans for 3.2 billion soms since beginning of 2023

At least 7,250 loans for 3,257 billion soms have been provided under Financing of Agriculture-11 project since the beginning of the year. The Ministry of Agriculture of Kyrgyzstan provided such data.

About 2,024 loans for 848,368 million soms have been issued under «Crop Production» category. At least 5,226 loans for 2,408.6 billion soms were provided for the development of livestock breeding.

Loans are issued by two state-owned banks — Aiyl Bank and RSK Bank. The amount of loans issued is in both financial and credit institutions is approximately the same — 1.6 billion soms each.

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