Own house gives a sense of security, reliability and confidence in the future. However, not everyone manages to save the amount required to buy so desirable square metres. A mortgage can become a way out of this situation.
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Kyrgyzstan has two options of mortgage loans – from commercial banks and from the state. In 2015, Kyrgyzstan opened a Public Mortgage Company (GIK) to improve housing affordability and to solve the housing problem of the population.
Together with press secretary of GIK, Melisbek Erzhigitov, we are taking a look at where and how a mortgage can be obtained in Kyrgyzstan.