Consulting Services for the Housing Finance Program in the Kyrgyz Republic

01.01.2019 - 30.12.2020


Overall project value (EUR)
No. of staff provided
Name of ClientState Mortgage Company
Financing agencyKreditanstalt für Wiederaufbau (KfW)
Name of partnersAFC
Detailed Narrative Description of Project

The overall objective of Lot-1 is to provide follow-up support to participating Financial Institutions that have agreed to adopt the Minimum Quality Standards for Housing Loans in Kyrgyzstan. In addition, the objectives aim to support the development and empowerment of FIs as they apply to both deposits and the mortgage portfolio.

Detailed Narrative Description of Services provided

Task 1: Assist FIs in improving credit provision, servicing and performance (criteria and processes; staff and IT capacity), as well as overall credit risk management capabilities and capacity based on due diligence results.

Task 2: Help FIs analyze loan demand and adjust product and marketing policies to meet specific rural housing finance needs.

Task 3: Promote FIs and improve their long-term refinancing in local currency.

Task 4: To assist FIs in implementing or improving their environmental and social policies.