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Group loans

Group loans are a project of "Bank of Asia" CJSC on microfinancing of individuals and small entrepreneurs, grouped together on the principles of solidarity and responsible lending.

The loan amount for a group is up to 500,000 soms

The purpose of group lending is to support initiatives and development assistance in the following areas:

  • small business
  • trade and services
  • Agriculture
  • consumer goals

Lending terms:

  • the loan is issued to solidarity groups of at least three people;
  • annuity payment
  Min Max
Loan amount for 1 member of SLG (som) 10 000 100 000
Loan amount for SLG (som) - 500 000
Currency KGS 
Rate 30%
Loan term 12 months
Commission 2%
Surety Joint liability of the members of the SLG / (if necessary, additional property of the members of the SLG)
Insurance Gift from the bank!

* SLG - Solidary Loan Group

** The effective interest rate of the loan "Group loans" with 30% per annum  - 39.60%

The list of required documents for the loan

interest rates

in KGS

Amount Rate
from 1 to 500 000 KGS 30.00

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Annual rate

monthly payment

Total amount of payment transactions

Loan amortization schedule

Loan principal accrued interest Amount payable Outstanding loan balance

These calculations are approximate. Ask our credit experts for more accurate estimates.

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