OREANDA-NEWS. April 25, 2012. IBC Executive Director Aktilek Tungatarov and IFC Kyrgyzstan Country Officer Gulnura Djuzenova discussed opportunities for private sector development. Gulnura Djuzenova noted said that access to finance is crucial for business development, reported the press-centre of IBC.

IFC promotes private sector growth by increasing access to finance for micro, small and medium enterprises, by strengthening local financial institutions, and by providing credit lines to local banks and microfinance institutions for MSMEs financing. IFC also seeks opportunities to increase its direct investments in microfinance, banking, energy, mining, and agribusiness.

Since 1996, IFC provided more than USD 100 million of its own financing to the financial sector and companies in mining, agribusiness and real sectors, over 20 projects were financed.

More information about IFC activities and terms of application for IFC financing and services can be downloaded below.