News

Loan Interest Subsidy Program

Dear clients of Bailyk Finance,

Bailyk Finance actively supports the interest subsidy program for December 2020 and January-February 2021, announced in accordance with the Decree of the Government of the Kyrgyz Republic No. 552 dated November 13, 2020.

You can count on participation in the subsidy program if:

the loan was issued before October 01, 2020,
the principal amount of the issued loan does not exceed 100,000 soms.

To get into the subsidy program, you need to submit an application by December 05, 2020 in a way accessible to you:

write an application in one of the offices of Bailyk Finance;
or send a photo of the application to WhatsApp number to your loan officer;
or send to e-mail kairyluu@bf.kg

You can get a sample application at the Company’s offices or on the website https: //bf.kg/ru

Please note, it is important to know the following!

1. Interest is subsidized ONLY FOR ONE LOAN AND ONLY IN ONE ORGANIZATION. This means that you have to choose which loan interest and which institution to subsidize. Submission of several applications to different organizations may lead to a refusal to subsidize and exclusion from the Register of borrowers eligible for the subsidy program.
2. The subsidy is granted ONLY IN RELATION TO THE AMOUNT OF INTEREST. This means that you are obligated to repay the principal amount of the loan. These amounts are not subsidized, their repayment remains your responsibility and you must repay them according to the schedule.