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Damu - Micro loan for business

Terms

Loan term

up to 7 years

Maximum amount

8000 MRP

Percentage

not more than 25%

Purpose of loan

Purchase of fixed assets; Replenishment of working capital

Need a loan: 120 000
1 000 000 ₸
100 000 000 ₸
Term: 3 months
1 month
84 months
Monthly payment: 45 000

Calculations preliminary. Contact with partners managers for a schedule for the payment.

PROGRAM PARTNERS

ADVANTAGES OF PROGRAM

ASSISTANCE

Our managers will help you prepare your documents.

COMFORT

Apply for subsidy online from anywhere.

SPEED

The Fund will consider your application in a short period.

RELIABILITY

We are trusted. We have supported more than 65 000 projects.

Target segment Micro and small business entities (MSBE) engaged in entrepreneurial activity, including outside regional centers and in rural areas, without industry restrictions.
Microloan purpose  replenishment of working capital;
investments
Refinancing of existing loans of end borrowers is prohibited
Microloan term For replenishment of working capital no more than 36 (thirty-six) months.
For acquisition and modernization of fixed assets no more than 84 months.
Nominal interest rate market rate set by the MFI
Currency Tenge.
Grace period for repayment of principal, interest No more than 12 (six) months from the date of transfer/provision of the microloan to the SME under the concluded Agreement on the provision of a microloan.
Maximum limit for one SMP 8000 (eight thousand) MCI.
2019 1 MCI = 2,525 tenge
Additional conditions The issuance of money under a microloan, the amount of which exceeds 1000 times the MCI, is carried out in a non-cash form
Other conditions for financing SMMEs are determined by the MFI independently in accordance with the internal regulatory documents of the MFI.

No industry restrictions