Meeting with the Association for the Development of the Agro-Industrial Complex of the Kyrgyz Republic

On September 14, 2022, an information meeting with members of the Association for the Development of the Agro-Industrial Complex of the Kyrgyz Republic was held.

The Chairman of the Executive Board of the Hungarian-Kyrgyz Development Fund Temirbek Erkinov told the participants of the meeting about the activities of the Fund, made a presentation, informed about the lending terms, the criteria for borrowers, interest rates and terms of financing. Also, the participants of the meeting got acquainted with the HKDF website, which accepts applications for funding online.

Executive Director of the Association Rustam Baltabayev stressed the need for international cooperation for members of the Association: "Domestic agricultural producers have great potential to export, and our products are in great demand on the international market. Today we are trying to establish cooperation with international partners through our Association".

The conditions of project financing by the Fund are the best in the financial market of Kyrgyzstan. Interest rates on soft loans range from 1.5% to 7.25% per annum, the currency of financing is the U.S. dollar. The terms of financing up to 10 years, the maximum amount of credit up to 5.0 million U.S. dollars, etc.