Financial services

Financing granted

Loan of €1,2M *
(Equivalent in local currency)

Partner of the Foundation

since 2023

*Outstanding at grant value

Context :

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.

The Institution :

Universal Credit (UC) is a tier 3 microfinance institution, a flexible status that aligns with its medium-term plan and allows to offer products adapted to the needs of its target customers.

Impact :

Universal Credit provides micro, SME, housing, consumption and agriculture loans according to the individual methodology to a clientele of 6,705 active clients (58% women and 58% rural), managing a gross loan portfolio of 6 million euros.

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