Microfinance as a tool for sustainable development of small and medium-sized businesses in Kyrgyzstan

Abstract

The article explores the role of microfinance in the development of SMEs in Kyrgyzstan. The authors analyze the significance of this tool for the country's economy and offer practical recommendations for its use. The results of the study emphasize the importance of the potential of microfinance in the support and development of small and medium-sized businesses, contributing to the improvement of socio-economic indicators. At the same time, state support for the activities of SMEs, in particular ensuring access to financing, including microfinance, remains one of the most pressing problems of the Kyrgyz economy, requiring an integrated approach and careful attention from the authorities.