9,908 Kyrgyz farmers receive preferential loans for 5 bn soms as of Nov 15

AKIPRESS.COM - The commercial banks issued 9,908 preferential loans for 5.4 billion as of Nov 15, 2019 within the Agriculture Financing - 7 project, the State Agency on public budget loan management under Finance Minister data showed.
2,834 preferential loans were issued for crop farming for 1.1 billion soms, 6,755 loans for cattle breeding for 2.6 billion soms and 319 loans for processing services for 1.3 billion soms.
The financial assets of commercial banks and financial institutions will be allocated at the concessionary interest rate to entrepreneurs of Kyrgyzstan for development of crop farming, cattle breeding and agricultural processing within the framework of the current project in 2019.