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


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

Purpose of projects

•         investments;

•        replenishment of working capital

Maximum amount per borrower

No restrictions

Currency

KZT

Subsidy period

•        for investments – 10 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

15% per annum, of which 6% is paid by the entrepreneur, and the difference is subsidized by the state

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