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DemirBank continues lending to green economy – KyrSEFF III programs

DemirBank continues lending under the Green Economy Financing Program in Kyrgyzstan – KyrSEFF III.

This program provides for financing projects aimed at improving energy efficiency and introduction of environmentally friendly technologies.

The terms of lending are as follows:

Types of investments:

Small investments: from 5,000 to 300,000 USD or equivalent in KGS

Large investments: from 300,001 to 1,000,000 USD or equivalent in KGS

Loan term: 24-60 months

KyrSEFF – Housing sector:

  • Multifamily housing
  • New housing

KyrSEFF – Business

  • Industry and commercial sector
  • Equipment suppliers and installers
  • Investments in renewable energy

Interest rates:

Up to 100,000 USD: 15.0% or 23.0% equivalent in KGS

100 001 – 200,000 USD: 14.0% or 22.0% equivalent in KGS

200 001 – 300,000 USD: 13.5% or 21.5% equivalent in KGS

300 001 – 600, 000 USD: 12.5% or 20.5% equivalent in KGS

600 001 – 1,000,000 USD: 12.0% or 20.0% equivalent in KGS

KyrSEFF grants: up to 15% of the loan amount.

For more detailed information, please, contact the specialists at DemirBank Contact Center: 2222, +996 (312) 90 90 60.