Salym Finance 2
With a loan of EUR 200,000 new local partner Salym from Kyrgyzia will be able to provide loans to 115 entrepreneurs and farmers. **please note: this project contains an exchange rate risk EUR/USD)**
€200 000
5,00%
24 mois
6 mois
USD
DeviseMontant | €200 000 |
Intérêt | 5,00% |
Maturité | 24 mois |
Remboursements | 6 mois |
Devise | USD |
Le projet
This project contains a grace period of 12 months, meaning that both notional and interest repayments will start after 1 year.
Company information
Microfinance Company "Salym Finance" is a specialized credit institution, the main activity of which is microfinance and accepting deposits. To date, Salym Finance has a stable position in the market and is one of the active and dynamically developing microfinance organizations of the Kyrgyz Republic, showing a steady annual growth in financial performance.
Microfinance Company "Salym Finance" began its activity in 2007. The first loans were used to develop business in the Dordoi and Ortosai markets and to develop households in the villages of the Sokuluk region. Progressing year by year, Salym Finance Company is currently a large microfinance organization with domestic capital, serving more than 18,000 active clients, a branch network of 28 branches in all regions: Bishkek, Chui, Issyk-Kul, Osh, Jalal-Abad, Naryn, Batken and Talas.
During its work in the microfinance market of Kyrgyzstan, MFC "Salym Finance" has positioned itself as a successful, reliable company, and has established long-term partnerships with the involvement of investors and using natural and financial institutions.
Loan purpose
With a loan of EUR 200,000 new local partner Salym from Kyrgyzia will be able to provide loans to 115 entrepreneurs and farmers. The avarage loan size amounts EUR 1750.
Market and clients
The microfinance industry in the Kyrgyz Republic has shown a positive growth trend over the past 5 years, which indicates the presence of a consistently high demand for credit services of microfinance organizations. Especially growing needs of the population in the services of the microfinance sector, as well as a sharp increase in the conditions for lending to MFC Salym Finance, reflected in the annual growth in the number of active clients, can be predicted by an increase in the level of services provided.
Most of the clients serve about 70% of the population living in the regions, in accordance with this factor, the main directions for loans are determined: housing loans (improvement of the welfare of housing) - 37% and agricultural loans - 25%, as well as loans are allocated for all areas: for the purchase housing, business development and consumer purposes. The average period of use of credit funds by clients is 27 months. Clients of OJSC MFC Salym Finance receive credit funds without down payments (for the entire product), and also have the opportunity to repay the loan debt ahead of schedule without penalties and additional interest
Nom de l’entreprise | Salym |
PDG | Mirlan Kulov |
Création | 2007-01-01 |
Lieu | Bishkek |
Secteur | Agriculture |
Chiffre d'affaires | $6 800 000 |
Employés | 160 |
Cote de crédit | 2.95 |
Impact
Salym est une institution de microfinance au Kirghizistan qui a pour vocation de créer les conditions financières nécessaires à l'amélioration du niveau de vie de la population kirghize. L'accès au financement est un outil efficace contre la pauvreté. Il permet d'augmenter l'activité entrepreneuriale, ce qui entraîne la création d'emplois, une diminution de l'émigration et une amélioration des conditions de vie.
Les IMF servent principalement les entrepreneurs et les habitants des zones rurales, où vivent 65 % de leurs clients. Salym propose des prêts commerciaux et agricoles aux entrepreneurs qui ont un accès limité aux services bancaires, des prêts au logement et à la consommation aux personnes à revenus limités, et des prêts hypothécaires dans les zones n'ayant pas des banques actives en raison de leur inaccessibilité.
ODD impactés
Grâce à ce projet, vous contribuez aux objectifs de développement durable suivants :
ODD 1 - Pas de pauvreté
ODD 8 - Travail décent et croissance économique
En savoir plus sur l'impact que vous pouvez avoir grâce à notre plateforme et aux ODD sur notre page d'impact.
Articles de blog connexes
- Lisez l'introduction de Salym comme nouvelle opportunité d'investissement ici, en anglais.
- Vous vous demandez de quelles autres institutions de microfinance est composé notre portefeuille ? Découvrez-les ici.
- Grâce à cet investissement 15 emplois sont créés
- Avec cet investissement 500 sont améliorées