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The entry of commercial banks into financing microagricultural loans in Kyrgyzstan

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Abstract:

Given the hesitancy private banks often feel with agricultural lending, this article examines how the partner banks of the European Bank for Reconstruction and Development (EBRD) Micro and Small Enterprise Finance Facility (MSEFF) in Kyrgyzstan adopted this new product. It delineates the steps the banks took to develop the product and describes its rollout in three unique banks over the past two years. It also discusses the strengths and weaknesses of the banks' agricultural financing and opportunities for future development in agri-crediting in Kyrgyzstan.

Keywords: AGRICULTURAL LOANS; BANKS; EBRD; KYRGZSTAN

Document Type: Research Article

DOI: http://dx.doi.org/10.3362/1755-1986.2007.034

Publication date: December 1, 2007

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