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Teachers of Issyk-Kul region start getting unsecured loans

Secondary school teachers in Issyk-Kul region of Kyrgyzstan started getting unsecured loans. Press service of the government’s plenipotentiary representative in the region reported.

According to it, one of microcredit institutions in the region put forward an initiative to grant teachers loans at 10 percent per annum under salary.

It is reported that the private organization will give them from 10,000 to 50,000 soms, and the loan portfolio volume is 7 million soms.