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Kyrgyzstan to allocate loans to agricultural needs

Business Materials 23 April 2012 15:31 (UTC +04:00)

Azerbaijan, Baku, April 23 / Trend V. Zhavoronkova/

Kyrgyzstan will allocate loans to small agricultural farms, the governmental web-site reported.

The Kyrgyz government and Kumtor company have today signed a memorandum on targeted spending of sponsoring assistance.

The assistance is aimed to grant micro loans to develop crop sector, livestock sector and ensuring various services in the rural area of Kyrgyzstan.

The sides have already developed the scheme of providing the loan.

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