THE ROLE OF CREDIT UNIONS IN KYRGYZSTAN: ECONOMIC AND SOCIAL ASPECTS

Credit unions play an important role in the development of the financial system of Kyrgyzstan, especially in the context of limited access of the population to traditional banking services. The article examines the main functions of credit unions, their impact on the economy and social sphere, as well as the challenges they face. Based on the analysis of statistical data and the regulatory framework, a conclusion is made on the need for further development and support of credit unions as a tool for financial inclusion and sustainable development.