According to the fund, financing is available for women engaged in manufacturing and service activities, as well as for legal entities where women make up at least 50% of the founders. These funds are intended to support businesses in the regions; however, loans at the specified rate cannot be obtained in Bishkek and Osh.
To apply for a loan, individuals need to have a valid patent or certificate of registration as an individual entrepreneur, while legal entities require a certificate of state registration.
Loans will be available for a term of up to three years, with amounts ranging from 50,000 to 3 million soms, and a grace period is also provided.
This initiative has been made possible thanks to the support of the Asian Development Bank, which allocated 22 million soms for the development of women's entrepreneurship on co-financing terms, as noted by the fund.
An additional 22 million soms will be allocated from the fund's own resources, totaling 44 million soms dedicated to supporting women entrepreneurs under this preferential program.
“The Entrepreneurship Development Fund actively supports women in business. In the first ten months of this year, 253 women received loans totaling 478 million 435.9 thousand soms to develop and expand their businesses. Those who wish to take advantage of this opportunity are invited to contact the call center at 0559 956799 or visit the fund's branches, the addresses of which are listed on the official website,” the agency added.
