MICRO-CREDIT COMPANY BAILYK FINANCE CJSC

In brief

СJSC MCC Bailyk Finance is a top-3 leading microfinance institution in the Kyrgyz Republic with a 12% market share by the loan portfolio size. Founded in 2010, the institution has a clear social mission: providing accessible financial solutions to residents of rural areas and small towns to improve their quality of life. Bailyk Finance serves over 62,000 active borrowers through 54 regional branches, with a gross loan portfolio of USD 85 million and maintains strong financial metrics. Bailyk Finance employs over 700 staff, 73% of whom are women, with 89% based in the regions. Gender equality is embedded at every level of the organisation - 50% of the senior management team and 60% of the Board of Directors are women. Responsible lending is reinforced through financial literacy trainings, ensuring borrowers have the skills to manage credit effectively. Beyond credit, 74% of clients are covered by insurance – with total payouts growing 3.5 times in recent years – and the “My Doctor” online platform extends access to healthcare in rural areas. Bailyk Finance is making steady progress on its environmental commitments: over 95% of loans are processed via electronic digital signatures, offices are transitioning to solar panels, and it is actively growing its green loan portfolio to support environmentally responsible client practices. The investment supports Finnfund’s mission to expand financial inclusion in underserved markets. In Kyrgyzstan, the majority of low‑income and rural clients lack access to longer‑tenor financing, as local banks primarily offer short‑term funding. 77% of Bailyk Finance’s clients live in rural and semi‑urban areas, and 56% of the portfolio is directed to agricultural borrowers which is nearly three times the national microfinance sector average.

Main development impact

Investment details

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.