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Guarantee Fund Issues Over 3,000 Guarantees Worth 2.3 Billion Som for Women Entrepreneurs

in Economy / Kyrgyzstan - by


The press service of the Guarantee Fund reports that over the entire period of its operation, the Guarantee Fund has issued 3,264 guarantees totaling 2.3 billion som for women's entrepreneurship. This has enabled women entrepreneurs to obtain bank loans totaling more than 7 billion som.

Since the beginning of this year, the Guarantee Fund has issued 47 percent of the total number of guarantees for the development of women's entrepreneurship. In the first quarter of this year, the Guarantee Fund provided 280 guarantees for the development of women's entrepreneurship, totaling more than 92.6 million som. This has allowed women to obtain 275.6 million som in loans.