Initially, the fund focused on helping entrepreneurs, but it was later decided to expand its programs to include individuals wishing to purchase housing.
Abakirov emphasized that banks typically require a down payment of 30% when issuing mortgage loans. In such situations, the fund can act as a guarantor for this amount.
“A citizen must first apply to the bank for a mortgage loan. If the loan is approved but a down payment is required, they can request a guarantee from the Guarantee Fund. We have agreements with all banks,” he noted.
According to him, the process of obtaining a guarantee occurs simultaneously with the bank's review of the application, which eliminates the need for gathering additional documents.
Furthermore, the program is applicable not only to the state mortgage program but also to loans provided by commercial banks.
The fund also offers guarantees for citizens purchasing domestically produced cars. As Abakirov reported, banks' requirements for auto loans also include a down payment of about 30%, which can be covered by the fund's guarantee.
Under this program, in 2025, 158 people were able to purchase cars. In the first two months of the current year, over 60 citizens have already taken advantage of this opportunity.
A program for guarantees for leasing operations is also in development. According to Abakirov, the launch of this program will be possible after certain issues with the banks are resolved.
