To help boost local food production, create jobs, and strengthen the Kyrgyz agricultural sector, IFC today signed a loan agreement to provide up to $10 million equivalent in Kyrgyz soms to Adal Azyk LLC and its subsidiaries (trademark “Toyboss”), the country’s largest producer of sausages and poultry meat. The IFC financing will help boost local food production, create jobs, and strengthen the country’s agricultural sector.
The funding will support the expansion of Adal Azyk’s poultry operations, including the construction of new broiler sheds and a feed mill, reducing reliance on imported poultry meat. By increasing local poultry production, the project is expected to create both direct and indirect jobs, add value to the economy, and support micro and smaller businesses in the poultry value chain, including suppliers, distributors, and retailers.
Additionally, the project will enhance food security by increasing consumer access to affordable, safe, and higher-quality poultry products, promoting a reliable supply of affordable protein for the population.
Securing investment from the IFC is an extremely rigorous process. IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. Before making a decision on cooperation, the IFC conducts multi-stage audits and evaluates a company’s transparency, sustainability, and environmental and social responsibility. Toyboss became one of the first companies in Kyrgyzstan’s agribusiness sector to receive direct financing from the IFC. This milestone reflects not only the company’s potential but also its strong commitment to corporate governance, safety, and transparency — values that have been at the core of Toyboss since its inception.
