Kyrgyz Republic, July 8 -- IFC is investing in Umai Group, the Kyrgyz Republic's largest modern grocery retailer, to create more and better jobs, improve food distribution, and expand access to affordable, quality food across the country.The $50 million financing will help Umai Group build the country's first centralized A-class grocery distribution center and expand its store network, including in underserved areas. IFC's investment is expected to create more than 22,000 jobs through suppliers, farmers, and related sectors. With a seven-year tenor, it provides long-term funding that is scarce in the local market, where financing of this size for a single borrower is rarely available. The Kyrgyz Republic's grocery market remains largely inf...