A consumer loan is a loan provided for the purchase of consumer goods. Such loan is taken not only to buy durable goods (furniture, cars, etc.) but also for other purchases (cell phones, home appliances, food products), as well as these proceeds can be used to pay for contracts in educational institutions, celebrations, expenses for holidays (travel), home/apartment repairs, etc.

The requirements for the borrower are simple:

  • A borrower must have citizenship of the Kyrgyz Republic;
  • A borrower must be at the age of 18 – 70 including;
  • A borrower must have a positive credit score where the potential customer:

The list of documents is minimal:

  • Copy of client’s passports, his spouse/her husband, and guarantors (if nessesary);
  • Copy of the passport of the pledger and his spouse/her husband (in case of the secured loan);
  • Documents concerning the borrower’s marital status;
  • Other necessary documents on the customer’s business

Financing conditions:

  • Currency: KGS
  • Repayment schedule: annuity
  • In the case of obtaining the loan with insurance the interest rates wil be reduced on 2%. Example: without insurance – 36%, with insurance – 34%. Additional information you can find here.
Unsecured lending
Amount Term Interest rate Security
From 10 000 to 150 000 KGS 

From 150 001  to 300 000 KGS 

From 1 to 18 months

From 1 to 24 months

10 000 – 50 000 KGS – 44%
50 001 – 80 000 KGS – 42%
80 001 – 150 000 KGS – 40%
150 001 – 300 000 KGS – 38%
from 150 001 to 250 000 KGS — one guarantor

from 250 001 to 300 000 KGS — two guarantors

Secured lending
Amount Term Interest rate Security
From 200 000 to 1 000 000 KGS  From 6 to 36 months 28% per anum Immovable property

Mixed collateral (immovable + movable property)

*Effective interest rate starting from 31.88%.
*Loan Committee can ask for a surety regardless of the loan amount.
*A guarantor is required for customers with no credit score requesting more than 105000 KGS

With Baylik Finance, you can get the goods in installments very easily, because it requires a minimum of documents and time.

Product goals:
• Cell Phones
• Small and large household appliances
• Flight tickets
• Computer equipment
• Teaching or holding a family celebration
• Furniture and more.

Financing terms:

  • Currency: KGS
  • Repayment schedule: annuity

The requirements for the borrower are simple:

  • A borrower must have citizenship of the Kyrgyz Republic;
  • A borrower must be at the age of 18 – 70 inclusive;
  • A borrower must have a positive credit score where the potential customer:

The list of documents is minimal:

  • Copy of passports of the borrower, his spouse/her husband, and guarantors (if any);

 

Amount Term Interest rate Peculiarities of loan
From 5 000 to 150 000 KGS From 1 to 18 months 45% per annum 
  • No commission fee
  • No down payment
  • Minimum of documents
  • In one day

*Effective interest rate from 54.66%
*A guarantor is required for customers with no credit score, requesting more than 105000 KGS

Credit Calculator

c

5000
25000
50000

1 мес
12 мес
18 мес

Monthly payment

4874

Interest rate

30 %

Total loan amount

58492

Credit term

12

Success stories

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