Bakyt Torobaev tells farmers about preferential credit programs

Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan Bakyt Torobaev held a meeting with heads of districts and heads of ayil okmotu during a working visit to Talas region. Information on preferential state loans for farmers was presented at the meeting. The press service of the Cabinet of Ministers reported.

In particular, detailed information was presented on the project Financing of Agriculture — 13, covering crop production, livestock farming, water-saving technologies and financing of united commodity producers.

Particular attention was paid to the project Financing of United Commodity Producers, launched in 2025. Its goal is to stimulate the consolidation of small-scale production and provide state support to united commodity producers through affordable preferential loans. The project is designed for five years (60 months) and is financed from the republican budget, as well as state banks.

According to the terms of the Financing of United Commodity Producers project:

• United commodity producers engaged in livestock farming and crop production can receive loans of up to 25 million soms at 6 percent per annum for up to 60 months;
• Processing industry enterprises that have created cluster associations with associations of commodity producers can receive up to 150 million soms at 6 percent for 60 months;
• Business entities engaged in highly efficient and resource-saving technologies (drip irrigation, sprinkling), greenhouse farming, leasing of agricultural machinery and animals, creation of machine and tractor stations (MTS) and at the same time have formed united companies can receive up to 50 million soms on a collateral basis at 6 percent for 60 months.