Headquarter: Bishkek, Kyrgyz Republic
Date of establishment: 1997
Type of institution: Development bank under banking law
Ownership: Government owned
Membership : APRACA
as of Oct. 2002 (rounded figures)
| Number of branches | 11 |
| Number of staff | 185 |
| Number of savers | - |
| Number of (active) loan clients | 28,000 |
| Total assets (in US$; 1US$ = 17.30 Soms) | 25m |
| Total outstanding net loan balance (US$) | 20m |
| % of loan portfolio allocated to the agricultural sector | 70% |
Main activities and products
The KAFC has been founded as a universal commercial and financial institution to provide credit to support the process of farm reform and privatisation.
The main activity is to provide facilities to medium and big rural producers and agro-business enterprises. It also provides short-term loans for the purchase of farm inputs and farming services to individual farmers (agricultural and life stock production) but also medium and long-term loans for on-farm investments and business.
The special Programme of the KAFC is the SFCOP (Small Farmers Credit Outreach Program). It supports poor farmers who have no access to commercial credit of the KAFC through a special credit line and the development of farmers self-help organizations.
Main sources of funds
Government funds
Donor support
Outstanding balance with World Bank (IDA), IFAD, TACIS (EU), ADB
Publications
National Policy on Rural Finance in the Kyrgyz Republic
Agricultural Finance Policy in Kazakhstan
Role of Social Mobilisation and Microfinance for Poverty Alleviation in
the Kyrgyz Republic
Rural Development and Rural Finance in the Kyrgyz Republic
Problem issues of Mortgage of Agricultural Land
Address
60 Togolok Moldo
Bishkek 720033
Kyrgyz Republic