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DECREASE OF INVESTMENTS RISKS TO RENEWABLE ENERGY RESOURCES

DECREASE OF INVESTMENTS RISKS TO RENEWABLE ENERGY RESOURCES

TERMS

Loan term

no more than 150 calendar days

Maximum amount

without limits

Purpose of loan

Investments, working capital

Subsidy size

no more than 35% of the amount of the initial loan/microloan/financial leasing, but no more than 112,5tenge to reduce the principal amount of the loan

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 have subsidized more than 17 000 projects.

Subsidizing a part of the main loan/microloan/ financial leasing for entrepreneurial loans issued by second-tier banks/microfinance organizations/financial leasing issued by leasing companies.

Type of transaction 

subsidizing

Subject of the transaction

subsidizing part of the main loan/microloan/ financial leasing for entrepreneurial loans issued by second-tier banks /microfinance organizations/leasing companies *

* Subsidies are not provided for return, secondary or sublease

Target Segment

a legal entity, respective individual is a sole proprietor, a peasant farm with the exception of state-owned enterprises and non-profit organizations which has submitted an application for consideration of a project that meets the requirements provided for in the Rules.

Maximum loan amount

without limits

The term for putting the object into operation / completion of the project

no more than 150 calendar days from the date of a positive decision on subsidizing the project by the Fund

Small-scale RES project 

a set of measures aimed at the design, planning, calculation, purchase, construction, installation and implementation of renewable energy technologies, implemented through the acquisition and/or construction and/or modernization and/or reconstruction and/or overhaul of fixed assets, the acquisition of biological and/or intangible assets (including VAT expenses), comply with the list of technologies, in accordance with subsectors 1.1.1, 1.2.1, 1.2.2, 1.2.3, 1.3.1, 1.4.1, 1.5.1, 1.6.1, 1.6.2, approved classification (taxonomy).

Subsidy amount

no more than 35% of the amount of the initial loan/microloan/financial leasing, but no more than 112,500,000 (one hundred and twelve million five hundred thousand) tenge to reduce the principal amount of the loan/microloan/financial leasing.

These conditions are reflected in the decision of the Credit Committee * * and the decision of the authorized body of the Bank/MFO/leasing company.

* * Credit Committee of “Damu” Entrepreneurship Development Fund” JSC

Term of subsidy

 One-time measure of financial support provided after commissioning/completion of the project