Loan of €870,000 *
(equivalent in local currency)
*Outstanding amount at grant valuePartner website
Agriculture remains a vital part of Kyrgyzstan’s economy and a refuge for industrial workers. It accounts for more than 38% of the country’s GDP. 25% of population live below the poverty line.
Salym Finance is a Tier 2 microfinance institution that was created in 2007 by four Kyrgyz entrepreneurs to support, develop activities and improve the standard of living of the population by creating financial conditions conducive to economic development.
Salym Finance supports mainly people with limited income from rural areas or urban peripheries by offering various products: housing loans, consumer loans, agricultural loans and business loans.