Kyrgyzstan: Succeeding with Raiffeisen

Abstract

In cooperation with the BMZ, the DGRV has been supporting cooperative forms of cooperation in rural Kyrgyzstan by providing consultancy and assistance in funding investment since the year 2002. The DGRV has helped to establish adequate framework conditions for cooperatives, notably to draw up the new Kyrgyz cooperative law. In addition, the DGRV has set up the "Raiffeisen Fund Kyrgyzstan" with funds from the BMZ; this is a credit fund for the financing of investment loans and, to a lesser extent, current assets at favourable conditions for cooperatives in the agricultural and food-processing sectors.