Bailyk 34

Bailyk

Company

Kyrgyzstan

Country

The project

Ainagul runs a clothing store in Kyrgyzstan, where she sells women’s clothing that she sources from Türkiye. She carefully selects her collections, taking into account her customers’ preferences and seasonal demand.

Thanks to a loan from microfinance institution Bailyk, Ainagul has been able to grow her business. She used her first loan to expand her winter collection. Later, she took out a second loan to purchase more clothing and replenish her stock. This financing allows her to keep refreshing her collection and respond to customer demand.

Access to finance is not always easy for female entrepreneurs in Kyrgyzstan. Traditional banks often require collateral, such as land or other assets. In practice, these assets are not always registered in women’s names, making it more difficult for them to obtain a loan.

Bailyk provides microfinance to entrepreneurs across Kyrgyzstan, particularly in areas where access to finance is limited. This gives female entrepreneurs like Ainagul the opportunity to further develop their businesses.

Will you help improve access to finance for entrepreneurs like Ainagul?

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.