Damu Ondiris 2 (tranche 3)
The maximum limit per borrower:
not more than 3 billion 600 million tenge, except for projects in food industry, as there is no limit on them
Interest rate:
6% per annum
Term
up to 10 years
Loan purpose:
- investments;
- working capital financing;
- refinancing
How to apply
1
Consulting
2
Preparation of documents
3
Submitting an application
4
Approval
Program Terms
Target segment: SMEs that are such in accordance with the legislation of the Republic of Kazakhstan and implement their projects in the manufacturing industry, according to the Appendix.
The maximum limit per borrower: not more than 3 billion 600 million tenge, except for projects in food industry, as there is no limit on them.
Loan term:
– by loans issued for investment purposes, refinancing of existing loans previously directed to investments, — not more than 120 months;
– by loans issued for replenishment of working capital and refinancing of existing loans previously directed to replenishment of working capital, — not more than 60 months.
Loan intended use:
– investment;
– refinancing of working capital;
– refinancing of previously issued loans that do not participate in programs of financial support for entrepreneurs (Business Road Map 2020 Business Support and Development State Program, rehabilitation programs of the Ministry of Finance of the Republic of Kazakhstan and KazAgro NMH, pursuant to Decrees of the Government of the Republic of Kazakhstan No. 354 dated 14 April 2014 and No. 1276 dated 5 December 2014), provided that they are issued not less than 1 year before the date of submitting an application for refinancing to a second-tier bank.
It is prohibited to provide loans to end borrowers:
– for the purpose of participation in the charter capital of legal entities;
– reimbursement of previously incurred costs;
– acquisition of fixed assets, assets from affiliated/related companies/persons.
Nominal annual rate of return: 6% per annum
AERR – from 6.2%
Loan currency: tenge.
Credit line availability: up to one (1) year.
The participants of the program cannot be SMEs:
– implementing projects, involving the production of excisable goods;
– legal entities, the founders (including participants, shareholders) of which are national management holdings, national holdings, national companies and organizations, fifty or more percent of shares (participation shares in the charter capital) of which are directly or indirectly owned by the state, national managing holding, national holding company, national company, as well as non-profit organizations.
Who can become a participant of the program:
small and medium enterprises (SMEs) implementing their projects in the manufacturing industries, listed below
