The Kyrgyz Investment and Credit Bank (KICB) and the European Bank for Reconstruction and Development (EBRD) have signed an agreement to provide the equivalent of $5 million in local currency loans to support micro, small, and medium-sized enterprises (MSMEs) in Kyrgyzstan. The initiative aims to expand access to long-term financing, promote entrepreneurship, and contribute to sustainable economic growth. By enhancing the availability of credit to MSMEs, the programme will help create jobs, strengthen the private sector, and boost economic activity across the country’s regions. This project is a collaboration between the Aga Khan Fund for Economic Development (AKFED), International Finance Corporation (IFC), European Bank for Reconstruction and Development (EBRD), and Deutsche Investitions- und Entwicklungsgesellschaft.