The economy of simple things

The economy of simple things or the Priority project lending mechanism contemplates subsidizing a portion of the interest rate, as well as guaranteeing, subsidizing the interest rate of remuneration, and guaranteeing, in the case of shortage of collateral

Basic rate of NBRK + 4,5%



Business entity

Private business entities (individual entrepreneurs, small, medium-sized, and large businesses)

Sectors

Priority sectors of the economy in the manufacturing and services sector, as well as in the production and processing of agro­industrial complex.

List of goods for lending and financial leasing on priority projects.

Purpose of projects

•         investments;

•        replenishment of working capital

Maximum amount per borrower

No restrictions

Currency

KZT

Subsidy period

•        for investments – 5 years, with no further prolongation of the subsidy period;

•        for replenishment of working capital – 3 years, without further prolongation of the subsidy period.

Interest rate

the basic rate of NBRK + 4,5%, of which 7% is paid by the entrepreneur, and the difference is subsidized by the state.

For projects in the production of the agro-industrial complex: for investments – 10% is subsidized by the state, for replenishment of working capital – 9% is subsidized by the state.

For more information, visit the website of "Damu" Entrepreneurship Development Fund" JSC https://damu.kz/programmi/