Emergency SMB support category 2

Amount

от 100 000 до 3 000 000 KGS

Rate

0%

Purpose of the loan

On working capital (raw materials, supplies, stocks, goods and other resources for the functioning/resumption of entrepreneurial activity);

For operating expenses (including labor costs, rent, utility bills and others);

For investment financing (equipment, digital technologies, mitigation and adaptation in the green economy, and others).
Agriculture is not funded

Period

until 36 months  

Collateral

1. Up to 250,000 SOM inclusive - third party guarantee/real estate/motor transport;

2. More than 250,000 SOM - collateral for real estate, if necessary, additional movable property, goods in circulation, fixed assets of the client.Mandatory guarantee:- owners of a legal entity, if the loan is issued to a legal entity, and in reverse order;- guarantee of co-owners/business partners, if any.

Borrower status

- Individual entrepreneurs (active for at least 6 months as of the date of application to the Bank), working on the basis of a certificate of registration of an individual entrepreneur whose annual turnover is from 8 million soms to 30 million soms.

- Legal entities (LLC or JSC), (operating for at least 6 months as of the date of filing an application with the Bank), operating in accordance with the tax legislation of the Kyrgyz Republic, whose annual turnover does not exceed 30 million soms.

The method of issuing a loan

- The issue is made to the Borrower's current account.

For small and medium-sized businesses (without the formation of a legal entity):

1. Completed Questionnaire of satisfaction of the borrower (Appendix No. 1);

2. Completed Application form for registration of returnable financial assistance (VFP);

3. A copy of the certificate of registration of an individual entrepreneur or other documents from state bodies confirming the conduct of entrepreneurial activity, in case of loss of the originals;

4. Documents confirming the payment of tax payments related to the tax regime and social insurance (any 6 months before the application is submitted);

5. A document confirming exemption from payment or absence of arrears on taxes and social insurance.For

Legal entities:

1. Copies of constituent documents;

2. Financial statements for the last reporting period;

3. A document confirming exemption from payment or absence of arrears on taxes and social insurance;

4. Other documents required by the Bank to review the application and assess the client's solvency.