Bailyk 29
In rural Kyrgyzstan, access to financing is limited. Bailyk Finance enables people like Farida to invest in their future. With a small loan, she bought a cow, creating a more stable income and new opportunities for her family. Will you invest in a more stable future for Farida and others?
The project
Farida lives in a village in rural Kyrgyzstan. With the means she had, it was difficult to support her family. Thanks to a loan from Bailyk Finance, she was able to buy a cow. The milk the cow produces now provides extra income, allowing Farida to cover daily expenses and look ahead. Her goal is to save enough to give her children better opportunities, perhaps even the chance to study abroad.
Farida’s story is not unique. In Kyrgyzstan, many rural families depend on small-scale farming or livestock farming. Yet outside the cities, access to financial services is often limited. That is why institutions like Bailyk Finance play an important role. Through microloans, they give people in remote areas the opportunity to invest in their business, their family and their future.
As much as 59% of Bailyk’s loans go to women entrepreneurs, enabling them to start or expand their businesses and strengthen their economic position. By investing in Bailyk, you create economic opportunities for women across 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.
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.
Discover more - Log in or create an account
To protect our partners, certain information is only available when you are logged in. Log in, or create a free account if you are new to Lendahand!