geo/kyrgyzstan

Location
41.20438, 74.766098

Kyrgyz Republic

Submitted by tfang@ifc.org on
Country
Current Volume
107400910
Finance gap
1401002448
Micro Women Gap
311610390
Micro Men Gap
1089392058
MSME Women Gap
311610390
MSME Men Gap
1089392058
Micro Gap ( Men and Women )
1401002448

Bailyk Finance: Earmarked for high impact green loans in Kyrgyzstan

Triodos Emerging Markets Renewable Energy Fund and Triodos Groenfonds have provided a KGS 212 million (USD 2.5 million) loan to microcredit institution Bailyk Finance in Kyrgyzstan for the expansion of its green loan offering.

Bailyk Finance provides affordable financial solutions to around 43,000 small businesses and households, predominantly in rural areas of Kyrgyzstan. For the coming three years, the expansion of green loans is one of the institution’s strategic pillars. Examples are loans for renewable energy sources, for the installation of solar powered fridges, heaters and dryers and loans for energy efficiency improvements of residential buildings, for example insulation.

Senior Investment Manager Altynai Valikhanova: “This green loan offering enables Bailyk Finance to stand out as a facilitator of green solutions in the microfinance sector of Kyrgyzstan."

 

FINCA Impact Finance

FINCA Impact Finance’s network of 21 microfinance institutions and banks provides responsible financial services that enables low-income entrepreneurs and small business owners to invest in their future.

Country / Region
Member Since
Organization Type
Location
38.9071923, -77.0368707
City/Town location
Washington D.C., DC, USA
PipeDrive organization Id
1575

DFC - U.S. International Development Finance Corporation (Former OPIC)

OPIC is the DFC - U.S. Government’s development finance institution. It mobilizes private capital in emerging and frontier economies to address development challenges and advance US foreign policy objectives.

Country / Region
Member Since
Location
38.9071923, -77.0368707
City/Town location
Washington D.C., DC, USA
PipeDrive organization Id
185