Bishkek, Nov. 13, 2025. /Kabar/. Eldik Bank OJSC is launching the project "Development of Climate-Resilient Agricultural Value Chains in the Kyrgyz Republic," financed by the Asian Development Bank. Today, the parties signed the Project Agreement, represented by Ulanbek Nogaev, Chairman of the Management Board of Eldik Bank OJSC, and Zheng Wu, Country Director of the Asian Development Bank's Kyrgyz Republic Resident Mission.
As part of the project, Eldik Bank will be provided with a subsidized loan in national currency equivalent to USD 13 million. The funds will be used to provide preferential loans to legal entities and individual entrepreneurs operating in the country's fruit and vegetable sector.
The loan will be provided:
up to USD 5 million (equivalent in national currency);
for a term of up to 10 years;
with an interest rate of 6% per annum.
The loan will be used for investments in fixed assets aimed at developing agriculture and improving the efficiency of agribusiness. The main financing areas include:
Post-harvest storage, processing, and marketing of fruit and vegetable products, including the acquisition of new vehicles and equipment;
Production and/or supply of agricultural technologies and logistics, as well as the supply of agricultural inputs and services necessary for fruit and vegetable production;
Construction, reconstruction, and repair of buildings and structures, if such expenses meet the project eligibility criteria;
Investments in value-added equipment. "This project is a shining example of how international partnership is strengthening the Kyrgyz Republic's economy. We are creating a sustainable support system for farmers and processors to ensure agriculture becomes a source of stable growth and exports," noted Ulanbek Nogaev.
"We welcome Eldik Bank as another financial institution joining the ADB-supported Climate Resilient Agricultural Value Chains Project.
Eldik Bank's extensive network and experience will help expand access to targeted and affordable financing for small and medium-sized agribusinesses in the horticulture sector, thereby strengthening climate resilience and improving livelihoods in rural areas," noted Zheng Wu, ADB Country Director for the Kyrgyz Republic.
The Climate Resilient Agricultural Value Chains Project aims to create favorable conditions for increasing the supply of fresh and processed fruit and vegetable products to domestic and international markets.
The initiative's main goal is to strengthen and develop production and supply chains, which will not only increase product volumes and improve quality but also introduce modern technologies into production, storage, and processing processes, thereby enhancing the competitiveness of Kyrgyz products. The project's implementation will be an important step in implementing state policy for agricultural development and ensuring food security in the country.