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