Bailyk 31
In the Kyrgyz countryside, Aida and her husband Saiitpek run their small farm together. However, a prolonged drought hit them hard: the hay harvest was disappointing and there was not enough feed for their herd. With a microloan from Bailyk Finance, they were able to stock up on animal feed and restore their pastures
The project
Climate change is a daily reality for farmers in Kyrgyzstan. Drought means less grass, scarcer hay and rising prices for animal feed. For Aida and Saiitpek, who keep cows and sheep next to their home, this hit hard. When the grassland withered, they had to sell part of their livestock, losing a steady source of income.
A loan from microfinance institution Bailyk Finance changed the situation. With the loan, they were able to buy animal feed, bring their pastures back into condition and expand their herd again. Now that the grassland is growing again and the animals have enough to eat, they are building a more stable income from their farm.
Bailyk Finance has a clear focus: strengthening the economic position of women in Kyrgyzstan. By now, 59% of its clients are women. In rural areas, financing is hard to obtain, especially for women who cannot use land as collateral. Bailyk Finance closes this gap with tailored microloans and additional training in agriculture, financial management, financial literacy and climate-smart entrepreneurship.
With more than 50 branches in both cities and rural areas, Bailyk Finance also reaches entrepreneurs in remote regions who would otherwise remain outside the formal financial system. In this way, thousands of farmers are building an independent livelihood in a changing climate.
Will you invest in a resilient future for farming families 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.
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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