Bailyk 28

Bailyk

Company

Kyrgyzstan

Country

The project

Holida lives with her husband in Kyrgyzstan. She grows strawberries, while her husband also works as a shepherd. Thanks to a loan from microfinance institution Bailyk, Holida had the opportunity to invest in better strawberry plants. This led not only to a larger harvest and higher income, but also gave her the option to hire staff. Holida no longer has to work the land alone. Together, they are reaping the fruits of her business.

Bailyk Finance is a microfinance institution in Kyrgyzstan that creates impact by giving women and small entrepreneurs in rural areas access to financial services. For these entrepreneurs, this is far from self-evident: 45 percent of women in Kyrgyzstan see limited access to capital as a major barrier to starting or expanding a business.

Thanks to Bailyk Finance, female entrepreneurs gain access to financing. Bailyk believes that a loan can make a difference for entrepreneurial women like Holida. No less than 59 percent of their loans go to female entrepreneurs, enabling them to start or expand their businesses and strengthen their economic position.

Will you invest in inclusive growth and more employment in Kyrgyzstan?

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.