About us - MFC "Salym Finance"

Open Joint Stock Company Microfinance Company "Salym Finance" (further Company) is a financial organization that provides affordable lending and attracting time deposits, operating on the securities market and cooperating with international financial institutions. The company is one of the actively developing microfinance organizations in Kyrgyzstan and shows a stable annual growth of financial indicators.

14 years
in the financial services sector
3.8 billion soms
of the сompany’s assets
active customers
employees in the company
offices across the country

Main stages of development:

  1. Establishment and development: on November 05, 2007, under the name of LLC MCC “Credit Systems”, the License of the National Bank of the Kyrgyz Republic No. 006 of November 08, 2007 was obtained;
  2. Renaming: January 24, 2011 in LLC Salym Finance MCC;
  3. Transformation: on September 28, 2012 into Open Joint Stock Company Microfinance Company "Salym Finance" with the authorized capital of 100,000,000 (One hundred million) soms;
  4. Obtaining the right to credit and operations in foreign currency under License No. 006/1 for the right to conduct banking operations in foreign currency dated September 24, 2014;
  5. Obtaining the right for attracting time deposits in connection with the removal of restrictions and renewal of the License dated May 28, 2019.

By 2021, JSC Salym Finance MFC is positioned as a financial organization that actively provides loans throughout the Kyrgyz Republic, also having a socially-oriented function and pursuing a policy of responsible financing and protecting the rights of customers.

According to the Association of Microfinance Organizations of the Kyrgyz Republic, by the size of the loan portfolio, Salym Finance MFC is the largest microfinance organization with local capital.

Providing loans to JSC Salym Finance MFC both in rural areas and in cities represents it as a universal financial organization that works with both microfinance clients and clients of the banking sector.

The company is not limited to activities in the field of lending and attracting deposits, actively working in the stock market of securities. Salym Finance MFC was the first in Kyrgyzstan that carried out an IPO-public offering of the company's shares on the stock exchange, having previously proved to be a successful issuer by placing several issues of corporate bonds.

Board of Directors

Chairman of the Board of Directors - Kydyrmaev Bakytbek Ishenbekovich.

A businessman, one of the initiators of the transit international wholesale trade through the Dordoi market, a member of the trade union committee of workers at the Dordoi market. Since 1995 to the present day, he has been working at the Dordoi market, engaged in wholesale trade of optics.


Member of the Board of Directors - Sydykov Aizhigit Kamchybekovich.

Independent expert. He has experience in the microfinance sector since 1995. He held the position of deputy of chief operating officer  at CJSC "MCC FINCA" in Kyrgyzstan, chief operating officer at LLC MDO "FINCA" in Tajikistan, CJSC "First microcredit company" - the Aga Khan development network in Kyrgyzstan, CJSC "Micro credit company OXUS".


Member of the Board of Directors - Konushbaev Aruuke Tynchtykbekovna.

Private entrepreneur. Previously, she worked at JSC RSK Bank.


Member of the Board of Directors - Dzhamankulov Bolot Saparovich.

Independent Expert. Doctor of Economics. From 1997 to 1998 worked as the First Deputy of the Ministry of External Trade and Industry of the KR.

Has extensive experience in banking and financial system, including in the management of “Rosinbank” OJSC, ATF-Bank Kyrgyzstan, AKB “Kyrgyzstan”, the National Bank. From 2013 to the present time works in the Institute of Economics of the National Academy of Sciences of the KR as Head of Department.


Member of the Board of Directors - Konokbaev Samat Surabaldyevich. 

Independent ExpertHe has experience in the banking and financial system since 1998, including working as a member of the Management Board of the National Bank of the Kyrgyz Republic, Kumtor Gold Company, as well as in the Russian-Kyrgyz Development Fund. He has a Master's degree in Public Administration with a specialization in Transition Economy, received in Japan (Tokyo), a Diploma in Financial and Banking Management of the Kyrgyz-Russian Slavic University. He has an extensive additional education, successfully graduated from the Wharton School (USA) majoring in Business Analytics, and specializing in Investment Management at the University of Geneva.


Chairman of the Management Board
Kulov Mirlan Temirlanovich
Since 1996 in the financial and credit spheres, since 2004 in management positions. Until 2006, worked at the “Commercial Bank Kyrgyzstan” OJSC in positions from a Specialist to a Member of the Management Board. In 2006-2007, he worked in “Dos Credobank” OJSC as a Head of Treasury Department. In 2007, he initiated the founding of OJSC MFC “Salym Finance” and since then has been the Chairman of the Management Board.
Member of the Management Board – Operations Manager
Ibraev Isabek Aitbekovich
Since 2011 he has started his activity in the credit sphere as a Credit Specialist in OJSC MFC “Salym Finance”. Has been working in the financial and credit sphere for over 9 years, from 2018 to the present time - Operations Manager of OJSC MFC “Salym Finance”.
Member of the Management Board – Business Development Manager
Bulgaru Asel Sagyntaevna
Since 2000 in the economic sphere, since 2005 in the financial and credit spheres. Since 2005 she has started to work as a Credit Expert for EBRD MSFP in AKB “Kyrgyzstan”, in 2006-2008, she worked in “Dos Credobank” OJSC in positions from a Chief Lending Specialist to a Head of Lending Department. Since 2009 she has been as a Senior Credit Specialist at OJSC MFC “Salym Finance”, in 2010, has been appointed as a Head of Credit Division, since 2011 as a Business Development Director, since 2013 as an Internal Auditor, from 2015 to the present time – Business Development Manager.
Member of the Management Board – HR Manager
Ismailova Gulzat Sydykovna
Since 1999 she has been working in the financial and credit sphere. Has 2 years of experience as a bank accountant, 10 years of experience in the field of audit in MCC FINCA, MCC First Microcredit Company. 6 years as a director of branches in the First Microcredit Company (Naryn and Osh regions), AUB Agro (Issyk-Kul). In 2017, she began working at OJSC MFC Salym Finance as an operational manager, and in 2018 as an HR manager.
Member of the Management Board – Head of the Legal Department
Raiymkulov Meder Anarbekovich
Legal experience over 11 years. Since 2016 in managerial positions. He has been working in MFC Salym Finance OJSC since 2019.


Since its inception, the Company has had the name "Credit Systems", since March 2011, the Company has changed its name to "Salym Finance", the word "salym" means contribution to a good cause. The national symbol is given, which means the Company's desire to invest its resources in the well-being of society.