The Financial and Credit Fund began to provide loans in the dairy sector. The Ministry of Finance of Kyrgyzstan reported.
The project is designed to increase the productivity of the dairy sector and will increase the number of cattle for milk production. The loan is granted to farmers in the amount of up to 500,000 soms, to farms — up to 1 million soms.
The loan is provided at 6 percent per annum for up to three years upon the security. There is a grace period of nine months for repayment of the principal amount. It is also planned to provide loans of up to 150,000 soms with a guarantee.
