Kyrgyzstan • Microcredit Agency
- Sector: Microcredit Agency
- Headquarters Country: Kyrgyzstan
- Founding Year: 2003
- Operating Regions: Kyrgyzstan
- Employees: 20
- Founders: Public Association "Resource Center for the Elderly"
- Problem Identified: High interest on loans
- Solution Offered: Since 2003, the economic take off microcredit agency has been providing microcredit to persons of retirement age on more acceptable terms than other financial and credit institutions.
- Social Impact: During its activities, the agency provided loans to 96 microcredit groups with a total number of 768 people. Of these, 461 people are pensioners. Thanks to the use of credit funds, 64 pensioners were able to pay for prosthetics, 92 pensioners bought the necessary medicines, 157 people bought property and clothing. In addition, loans were used to create 180 new jobs in Balykchi.
- Score: 7 Mental health support services
