Profitable and accessible

The loans under the housing financing program of KfW’s credit line are disbursed to population of all regions of the Kyrgyz Republic except for Bishkek and Osh regions (including nearby residential communities).

General goals of the program:

• Improvement of housing conditions, arrangement and renovation of houses;
• Assistance in purchase of own dwelling providing the funds for purchase as well as for construction.

For what purposes can be loans provided within this line:

• Insulation, repair of a roof (old, partially damaged), bathroom units, heating, bathrooms (ceramic tiles, a shower cabin, a bath), floors, windows, doors, installation of  boiler units, etc.;
• Repair and reconstruction of the existing facilities (painting, sewerage, etc.).;
• Purchase of the existing facilities;
• Construction of new buildings;
• Energy efficiency (energy saving, reduction of emissions, use of alternate energy sources);
• Electricity, water supply, water disposal (sewerage);
• Installation of air conditioners;
• Replanning.

A key condition: purchased or improved dwelling shall be in the regions of the republic except for Bishkek and Osh.

This type of the loan contains the elements of a consumer loan (improvement of housing conditions) and a mortgage loan (purchase and construction).

If the loan is provided for consumer purposes (improvement of housing conditions), the maximum period of the loan is 60 months.

In the event of the mortgage loan – 120 months.

The loan is provided in the national currency at the preferential interest rate 18% p.a.

The maximum amount of the loan is KGS 900 000

The required documents are similar to the documents for other consumer and mortgage loans