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Kyrgyz Republic: Current Regulatory Framework & Recommendations for Improvement

What does the regulatory environment for microfinance look like in Kyrgyzstan? What barriers currently exist, and what can be done to facilitate the development of the microfinance industry? These questions are the subject of Gulnara Shamshieva's essay.

Ms. Shamshieva is the General Manager of the Microcredit Agency Bai Tushum Financial Foundation and Chair of the Board of Directors of the Association of Microfinance Organizations of Kyrgyzstan. She approaches these issues from the perspective of a practitioner and advocate for the microfinance industry as a whole.

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