Loan of €1,2M *
(Equivalent in local currency)
Partner of the Foundation
*Outstanding at grant value
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.
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.