Business loans at 10%: state programmes via Aiyl Bank and RSK

A regular business loan at Kyrgyz banks costs 20–28% a year, but under state programmes entrepreneurs borrow at 6–10%. In 2026 the Cabinet of Ministers allocated 18 billion som for concessional lending, with Aiyl Bank, RSK Bank (Eldik Bank), Optima and Bakai as operators. Here is who can take part and how to avoid a refusal.

Main programmes for 2026

• Agricultural Financing 14: farmers and processors, up to 5 million som at 6% for 3 years (livestock, crops) and up to 30 million som at 8% for 5 years for processing. Operator: Aiyl Bank.
• Affordable Credit for SMEs: manufacturing, tourism, IT, garment industry — up to 10 million som at 10% for 5 years with a 6-month grace period. Operators: Eldik Bank, Optima, Bakai.
• Women's Entrepreneurship: female sole traders and LLCs with a female founder — up to 3 million som at 8% for 3 years.
• Ministry of Economy Startup Fund: unsecured up to 1 million som at 10% for businesses under 2 years old, with a Guarantee Fund guarantee of up to 50% of the amount.

Requirements

Registration as a sole trader or LLC in Kyrgyzstan, no loan arrears in Ishenim, taxes paid for the past year, a business plan on the bank's template and collateral — property, equipment or a Guarantee Fund guarantee. Under the agricultural programme livestock and future harvest are accepted as collateral. Own contribution is from 20% of the project cost.

How to apply

Apply at an operator bank branch or via Tunduk in the Business State Support section. The package: passport, sole trader/LLC certificate, tax clearance certificate, business plan, collateral documents. Review takes 10–20 business days; funds go to the business account for the stated purpose — no cash is issued, and the bank monitors supplier payments.

Why applications are refused

The three main reasons according to Aiyl Bank statistics: an incomplete business plan (38% of refusals), insufficient collateral (27%) and consumer loan arrears of the founder (21%). Check your credit history in advance — an Ishenim report is free once a year.

Compare all state support programmes and regular business loans with a payment calculation in the Business Loans section on FinMarketKG.