Loans at 3%. The Ministry of Agriculture has launched a pilot project for the development of meat clusters

Юлия Воробьева Economy / Exclusive
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Loans at 3%. The Ministry of Agriculture has launched a pilot project for the development of meat clusters

The Ministry of Water Resources, Agriculture, and Processing Industry has initiated a new pilot project aimed at developing meat clusters in Bishkek and the Chui region.

According to information from the department, this initiative covers the entire production process — from livestock fattening to processing and sales of products.

Farmers will be provided with preferential loans at an annual interest rate of 3%, with a term of up to 60 months, including a grace period that can last up to 12 months.

The total funding for the project will amount to 1.5 billion soms, and implementation will be carried out through OJSC "Aiyl Bank" and OJSC "Eldik Bank."
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