Introduced: Favorable Loan Program for Entrepreneurs in Kazakhstan
📢 Here's the Scoop on "Örleu," Kazakhstan's Latest Preferential Lending Program!
The Entrepreneurship Development Fund "Damu," Bayterek Holding, and the Ministry of National Economy have just announced a groundbreaking preferential lending program called "Örleu." 🚀
Key details:
- The interest rate for final borrowers will never surpass 12.6% yearly. 📈
- The total funding volume will be an impressive 750 billion tenge. This will be split, with 300 billion tenge from the fund and an additional 450 billion attracted through second-tier banks' co-financing. 💰
- The "Örleu" program supports:
- Investments;
- Working capital replenishment;
- Refinancing of existing loans from 2025 onwards. 💸
- Maximum loan amounts: up to 7 billion tenge for investments and up to 3.5 billion tenge for working capital. 📉
- Financing terms:
- Up to 10 years for investments;
- Up to three years for working capital replenishment;
- Up to the remaining term of the financing debt for refinancing. 📅
Priority sectors for preferential lending are:
- Processing industry (food production, textiles, pharmaceuticals, rubber, plastic, electrical equipment, furniture);
- Transportation and warehousing;
- Tourism;
- Education (schools, kindergartens);
- Healthcare (medical centers, multi-profile clinics). 🏥📚🎒
Entrepreneurs in Kazakhstan can now access affordable financing with the "Örleu" program, as the interest rate for final borrowers will never exceed 12.6% yearly. This preferential lending program, announced by the Entrepreneurship Development Fund "Damu," Bayterek Holding, and the Ministry of National Economy, aims to provide funding for investments, working capital replenishment, and refinancing of existing loans from 2025 onwards.
