Chinese Government provides $25 million loan to RSK Bank for agricultural projects

$25M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	RSK Bank OJSC
Country	Kyrgyz Republic
Start Date	Jan 01, 2014
End Date	Aug 09, 2032
Duration	6,795 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`40496`

Grant Description

Chinese Government provides $25 million loan to RSK Bank for agricultural projects In 2014, the Chinese provided a $25 million loan to RSK Bank for agricultural projects in the Kyrygz Republic. $15 million of the loan proceeds were to be set aside for projects that would help farmers to develop greenhouses.

📚 Sources & References

Chinese bank provides $15 million concessional loan for development of greenhouse facilities in Kyrgyzstan
Chinese bank provides $15 million concessional loan for development of greenhouse facilities in Kyrgyzstan
China to allocate $ 25 million for development of agriculture
Agriculture Finance Bulletin Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.