Bailyk 27
Ali and Holida grow strawberries in Kyrgyzstan. Prolonged drought put pressure on their harvests. With a loan from Bailyk, they invested in stronger strawberry plants, which improved their yields. As the plants grew stronger, so did their business.
The project
Ali and Holida live in rural Kyrgyzstan. Ali works as a shepherd, but during the harvest season he helps Holida in the fields. Together, they grow strawberries. Prolonged droughts made recent years increasingly difficult. The plants withered and harvests were disappointing.
Through Bailyk, a microfinance institution active in rural areas of Kyrgyzstan, they obtained a loan. Bailyk supports small entrepreneurs with limited access to traditional financing, with a strong focus on women. Not without reason: 45 percent of women in Kyrgyzstan experience limited access to capital as a major barrier to participating in economic activities.
Ali and Holida used their loan to invest in stronger strawberry plants. Successfully so: harvests improved and their income increased. During busy periods, they now hire additional people from their local community to help with picking.
With more than 50 branches across both urban and rural areas, Bailyk supports entrepreneurs in need of financial services. Will you invest in entrepreneurs in Kyrgyzstan and support local business growth and employment?
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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