Program of financing regional priority projects of small and medium enterprises «Damu Regions III»

Target segment

Small and medium enterprises according to definition provided by the current legislation of the Republic of Kazakhstan

Loan period

Not more than 84 (Eighty four) months

Purpose of the Loan

· replenishment of current assets;

· acquisition of new fixed assets;

· modernization of fixed assets.

Industry of financing

Sectors of the economy in accordance with national classifier of economic activities approved by the order of Chairman of the Committee for Technical Regulation and Methodology of the Ministry of Industry and Trade of the Republic of Kazakhstan dated December 14, 2007, No. 683-one number in accordance with Annex No.1 to BRM-2020 Program.

Nominal interest rate of the Loan

Not more than 14% (fourteen percent) per annum

Currency of the Loan

Tenge

Mandatory requirements

Borrowers who have received funding under «Damu Regions III» Program are eligible to apply for BRM-2020 Program for obtaining subsidy and/or guarantee.