BISHKEK, Kyrgyzstan, April 6. Data on
preferential loans issued under the government’s agricultural
financing project in Kyrgyzstan has been revealed, Trend reports.
According to the Ministry of Finance, the Agricultural
Financing-13 project has allocated a total of 944.61 million soms
($10.9 million) in loans to 1,554 agricultural producers across the
country, as of March 27, 2025.
The loans were distributed as follows: 1,330 recipients in the
livestock sector received 831.25 million soms ($9.6 million); 219
recipients in crop production were granted 109.56 million soms
($1.2 million); and five entities involved in water-saving
technologies received 3.8 million soms ($43, 928).
The Agricultural Financing-13 project for 2025 has been approved
in February 2025, with a budget of 4.092 billion soms ($46.7
million) earmarked for loans. The project, which runs for a period
of 36 months for livestock farming, crop production, and
water-saving irrigation technologies, and 84 months for
agricultural machinery leasing, offers loans at a 10 percent
interest rate.
Loans are available through Aiyl Bank and Eldik Bank without
collateral for amounts up to 300,000 soms ($3,430) and with
collateral for amounts up to 1 million soms ($11,435). The funding
is allocated as follows: 1.227 billion soms ($14 million) for
livestock farming, 818.6 million soms ($9.3 million) for crop
production, 409.2 million soms ($4.6 million) for water-saving
irrigation technologies, and 1.637 billion soms ($18.7 million) for
agricultural machinery leasing.