Small medium business support

Who can get a loan?

1st category:

• Individual entrepreneurs at the age of 20-65 years (at the time of expiry of VFP repayment period) (currently acting and not less than 6 months as of the date of application to the Bank), working on the basis of a patent or certificate of registration of individual entrepreneur, whose annual turnover does not exceed 8 million soms.  

2nd category:

• Individual entrepreneurs at the age from 20 to 65 years (as of the end of the VFP repayment period) (currently acting and not less than 6 months as of the date of application to the Bank), working on the basis of a certificate of registration of individual entrepreneur, whose annual turnover does not exceed 30 million soms; 
• Legal entities (LLC, CJSC, OJSC, etc.) operating in accordance with the tax legislation of the Kyrgyz Republic (operating at the moment and not less than 6 months as of the date of application to the Bank), whose annual turnover does not exceed 30 million soms.   

Purpose - to cover operating expenses only:

1. Operational working capital;

2. Operational expenditures:

• payroll costs;
• invoices from suppliers;
• rent expenses;
• expenses for utilities (including internet).

3. Investment financing. 

Borrowed funds may not be used for other purposes.

Loan amount: 

For category 1 - up to 1 000 000 soms

For category 2 - up to 3 000 000 soms

Interest rate: 0 (Zero) percent per annum

Loan term: 36 months

Security:

• Loans up to 250 000 soms: The presence of a guarantor with proof of income. In this case, the borrower or guarantor should own real estate;

• Loans from 1 000 000 to 3 000 000 soms:              

- real estate;

- guarantee

Loan repayment terms:

- monthly equal payments;

- flexible repayment schedule