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/