Financing green technologies

Loan Purpose

• Within the framework of sustainable financing for the “Green Economy” and the “ESG Strategy and Roadmap for its Implementation”, the loan purposes are as follows:

• Green Transport:
• Purchase of low-carbon vehicles with hydrogen, hybrid, or electric engines, including electric motorcycles and bicycles;
• Development of specialized infrastructure for electric vehicle charging stations”.  

2. Renewable Energy:

• Wind energy;
• Solar energy;
•  Geothermal energy;
• Hydropower;
• Bioenergy.
• Energy Efficiency, Reduction of Energy Consumption, and/ or Technical Losses:
• Energy-saving lightening and equipment;
• Energy-efficient household appliances. 

4. Green Infrastructure Construction: 

Modernization and construction of green homes/ buildings using water- and energy-saving, low-carbon devices, equipment, and building systems.

5. Air Quality Improvement:

Production and installation of eco-friendly heating appliances for household and small to medium-sized businesses.

6. Sustainable Use of Water and Waste:

• Purchase, production, and installation/ replacement of water-saving technologies and equipment for drinking water and wastewater treatment;
• Equipment for the collection and sorting of household and municipal waste, as well as for recycling secondary raw materials.  

7. Sustainable Agriculture:

• Production of organic agricultural products;

• Planting of forest crops, pulp and paper production, and wastepaper recycling;
• Creation of conditions and infrastructure aimed at developing eco-tourism.

8. Refinancing of non-delinquent green loans from other financial and credit organizations.

Loan Amount

From 300, 001 KGS to 20 000 000 KGS

Loan term

Up to 5 years

Loan Currency

KGS

Interest Rate

10 % per annum

Collateral

Up to 500, 000 KGS (inclusive): Guarantors and/or movable property;   

Repayment Schedule

Annuity payments or equal principal repayments with corresponding monthly interest.

Grace period

Up to 3 months on interest payments, if needed; При необходимости up to 6 months on principal repayment.

Effective Interest Rate

Starting from 10,71% per annum