BISHKEK, Kyrgyzstan, April 6. Data on preferential loans issued under the government’s agricultural financing project in Kyrgyzstan has been revealed, Trend reports.
According to the Ministry of Finance, the Agricultural Financing-13 project has allocated a total of 944.61 million soms ($10.9 million) in loans to 1,554 agricultural producers across the country, as of March 27, 2025.
The loans were distributed as follows: 1,330 recipients in the livestock sector received 831.25 million soms ($9.6 million); 219 recipients in crop production were granted 109.56 million soms ($1.2 million); and five entities involved in water-saving technologies received 3.8 million soms ($43, 928).
The Agricultural Financing-13 project for 2025 has been approved in February 2025, with a budget of 4.092 billion soms ($46.7 million) earmarked for loans. The project, which runs for a period of 36 months for livestock farming, crop production, and water-saving irrigation technologies, and 84 months for agricultural machinery leasing, offers loans at a 10 percent interest rate.
Loans are available through Aiyl Bank and Eldik Bank without collateral for amounts up to 300,000 soms ($3,430) and with collateral for amounts up to 1 million soms ($11,435). The funding is allocated as follows: 1.227 billion soms ($14 million) for livestock farming, 818.6 million soms ($9.3 million) for crop production, 409.2 million soms ($4.6 million) for water-saving irrigation technologies, and 1.637 billion soms ($18.7 million) for agricultural machinery leasing.