The Bakubat Talas Development Fund was registered in 2015 at the Talas Oblast Department of Justice by the Alliance Altyn company, which obtained the right to exploit the Jeruy gold deposit. The Fund was established to effectively address socio-economic issues within the framework of the corporate social responsibility of the Alliance Altyn LLC towards the residents of Talas Oblast.

The company intends to transfer 600 million KGS to the Fund's account within 6 years. In 2016, the first 100 million KGS has already been allocated to the fund for creating jobs. In agreement with local authorities, 70 percent of the funds will be used to finance economic and agricultural projects, while the remaining 30 percent will be used for social projects. Residents of Talas oblast receive money through JSCB Kyrgyzstan at an annual interest rate of 8 percent.

JSCB Kyrgyzstan won the tender announced by Alliance Altyn LLC among the banks operating in Talas oblast. The bank offered the lowest interest rate of 10 percent, but during the negotiations they managed to reduce this number as well, so now the loans are issued at 8 percent. This is the lowest percentage among all banks in the country. JSCB Kyrgyzstan bank supports people's projects. Thus, the projects in the agricultural sector and creation of new jobs were financed at the rate of 8 percent for a total of 29 million KGS.

Alliance Altyn asked local authorities to elect the most fair and responsible deputies of local councils from all regions of the oblast to the Supervisory Board. The supervisory board of 7 people is fully formed. The first meeting was held on November 30, 2016. The meeting reviewed the submitted social projects and decided to fund 5 projects for a total of 4 million KGS. Social projects are financed free of charge, the company says.