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MD “I love Kyrgyzstan” launches a competition of business plans “Altyn Aiym”

The goals of the Altyn Aiym program are to increase the financial literacy of women, their motivation to work in the field of attracting investments, and gaining knowledge about business process management.

This was announced by the President of the youth movement “I love Kyrgyzstan” Gulzada Uturova.

MD “I love Kyrgyzstan” with the support of the USAID project for the development of entrepreneurship and business environment, the Association of Microfinance Organizations, MCC “Amanat Credit” and MCC “Bailyk Finance” launch a business plan competition “Altyn Aiym” among women entrepreneurs from Naryn, Chui and Issyk-Kul region.

Those wishing to take part in the competition must pass a free two-day training on the following topics:

sources of funding;
basics of marketing;
basics of accounting and taxation;
basics of financial literacy.

To participate in the competition and training, girls and women entrepreneurs from 18 years old who have their own business and want to systematize all business processes in order to obtain a stable financial result are invited.

Training schedule:

Chui area:

October 31 – November 1 – c. Belovodskoe;
November 2-3 – Kemin;
November 4-5 – Tokmok;
November 9-10 – Novopavlovka;

Naryn region:

October 31 – November 1 – p. At-Bashi;
November 2-3 – Naryn;
November 4-5 – p. Kochkor;

Issyk-Kul region:

November 9-10 – Balykchy;
November 11-12 – p. Bokonbaevo;
November 13-14 – Karakol;
November 15-16 – p. Tyup;
November 17-18 – p. Bostery.

After the trainings, the participants will start writing business plans. The best of the best will receive a worthy reward:

6 best projects will receive grants of 50,000 soms to support a business idea;
20 participants will be able to receive preferential financing up to 100,000 soms at a rate of 10% per annum in soms;
the remaining participants will be offered funding at the current rates of members of the Association of Microfinance Institutions.
To participate in the training, you must register: before October 27 – for candidates from Chui and Naryn regions; until November 5 – for candidates from the Issyk-Kul region.
Limited number of seats. The selected participants will be invited to the training and will take part in the business plan competition in accordance with the rules of the Altyn Aiym competition.