Bailyk 15
Due to drought, Aida and Saiitpek watched their grassland disappear and had to sell part of their livestock. With a loan from Bailyk Finance, they were able to restore their small farm. Your investment gives rural farmers the tools to adapt to a changing climate, with financing and hands-on support from Bailyk.
The project
Farmers in Kyrgyzstan face the effects of climate change every day. Drought means less grass, less feed, and ultimately fewer animals. For Aida and her husband Saiitpek, who keep a few cows and sheep next to their home, that leads to immediate stress. Without enough hay, feed becomes too expensive. And without feed, there are no animals.
When they had to reduce their herd, they lost a vital source of income. But with a loan from Bailyk Finance, they got the chance to start again. They invested in restoring their pasture so the grass could grow back, and bought two cows and a ram. Now that there’s enough to feed the animals, they can make a living from their small farm again.
Bailyk Finance supports thousands of rural farmers with affordable loans. In addition to access to capital, the organization offers training in agriculture, financial management, and climate-smart practices. This way, farmers get the tools they need not just to get by, but to build a more resilient future.
Bailyk on Lendahand
- Active on Lendahand since: February 2022
- Total raised: €1,993,144
- Already repaid: €1,241,786
- Interest disbursed: €84,680
- Payments on time: 20 out of 20 (100%)
Your investment
- Annual interest rate: 6%
- Maturity: 24 months, you will receive a repayment every six months including the interest
- With an investment of €1,000, the expected total repayment is €1,075
- Currency: Dollar. Please note that although you invest in euros, the loan is in dollars, so there is a risk of exchange rate fluctuations between dollars and euros. Visit our page on exchange rate risks for more information.
Bailyk
Impact
Bailyk Finance is a women-led microfinance institution dedicated to strengthening the position of women in Kyrgyzstan. By providing financial literacy training, entrepreneurial support, and working capital, Bailyk helps female entrepreneurs, who make up 59% of its clients, grow their businesses, support their families, and drive economic stability.
In a country where 32% of the population (about 2 million people) lives on less than €1.60 per day, access to finance is a powerful tool against poverty. It fosters entrepreneurship, creates jobs, reduces emigration, and improves living conditions.
With 51 branches across Kyrgyzstan, Bailyk also serves low-income individuals without access to traditional banks, ensuring economic opportunities reach even the most remote areas.
Related blog posts
- Read the introduction of Bailyk as a new investment opportunity here.
- Learn more about Kyrgyzstan as an emerging market here.
- Want to learn more about how financial inclusion can help entrepreneurship thrive? Read here.
- Wondering which other microfinance institutions we have in our portfolio? Check them out here.
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