Kyrgyzstan: Calculating Loan Payments and Debt Burden on Family Budgets

Consumer loans are the most common in Kyrgyzstan, with outstanding debt exceeding 246.1 billion soms. This article explains how to calculate loan payments and assess the impact on a family's budget, considering housing, food, education, and unforeseen expenses. Interest rates vary, with commercial banks averaging 18.49% and MFIs reaching 29.64%.

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