1ABOUT THE FUND
ANNUAL REPORT 2018
Fund is a national development establishment whose goal is to promote first-class development of entrepreneurship in Kazakhstan by providing
financial support.
The Fund provides a wide range of products and services for entrepreneurs such as lending through second-tier banks (hereinafter - the STB),
microfinance companies (hereinafter - the MC), leasing companies (hereinafter - the LC), subsidized interest rates, loan guarantees, consulting,
providing information and analytical materials.
FINANCIAL SUPPORT
NON-FINANCIAL SUPPORT
CONDITIONAL ALLOCATION OF FUNDS
Tools: funding of STB, MC and LC for
CUSTOMER SERVICE
subsequent lending to business
In 2018 ESC consultants
supported 6,410 projects
Number of participants in 2018: 18,656
Amount of financing: KZT 272912 mln
BANKS
COOPERATION WITH
CROWDFUNDING/ CROWD
INVESTING COMPANIES
SUBSIDIZING INTEREST RATE
Tools: subsidizing interest rate for a loan
in accordance with terms of programs
implemented by the Fund
DISTANCE LEARNING
Number of participants in 2018: 1,470
In 2018, 5,635 took
training under this project
Amount of financing: KZT 198,380 mln
OTHER
AGENT NETWORK
ORGANIZATIONS
(leasing companies and
microfinance companies)
LOAN GUARANTEE
Tools: guarantee for loans of entrepreneurs to
STB in the amount of up to 85%
CONTACT CENTER
of theloan amount
Number of participants in 2018: 1,950
Amount of financing: KZT 65,455 mln
MICRO, SMALL AND MEDIUM-SIZED ENTERPRISES
ANNUAL REPORT 2018
SHARE CAPITAL STRUCTURE
Type of securities
Simple shares
NIN
KZ1C49420017
Date of issue registration
09.04.2012
Nominal value*
KZT 100 000
Authorized shares
27 462 244
Issued shares
27 462 244
Shares owned by the shareholder
27 462 244
Shareholder information
Baiterek National Managing Holding JSC
Shareholder’s share of issued shares
100%*
Shareholder’s share of voting shares
100%
* Cost of the last issue of shares
The Fund only issues common shares. Common
shares grant the Sole Shareholder the right
to make decisions on all matters submitted.
Common shares also make the Sole Shareholder
entitled to dividends in case the Fund has net
earnings and to a part of the Fund’s assets in
case of its liquidation in accordance with the
legislation of the Republic of Kazakhstan.
Almaty city, “Industrial Complex “Aurora” LLP.
The project for the production of household chemicals,
disinfectants and detergents.
The company has received governmental support
in accordance with the SME Manufacturing Support
Program, covered by the National Fund of the Republic
of Kazakhstan
ANNUAL REPORT 2018
GEOGRAPHY OF OPERATIONS
The Fund operates in all the regions of Kazakhstan. The regional network consists of 16 branches in all regional centers as well as in the
cities of Nur-Sultan and Almaty. In addition, the entrepreneur support infrastructure includes 18 Entrepreneur Service Centers and 14 Mobile
business support centers.
18 ENTREPRENEUR SERVICE CENTERS
14 MOBILE BUSINESS
(in all regional centers, Nur-Sultan, Almaty,
SUPPORT CENTERS
Semey cities)
CUSTOMERS
25 347
IN 2018:
CONSULTANTS
34 603
ANNUAL REPORT 2018
MISSION, VISIOIN OF THE FUND
MISSION OF THE FUND
VISION OF THE FUND
The Mission of the Fund is to play an active role in the sustainable
By 2023 to become a national development establishment,
development of micro, small and medium-sized enterprises (hereinafter -
initiator and implementer of MSME support programs.
MSMEs) in Kazakhstan through implementation of complex and effective
support mechanisms.
DEVELOPMENT STRATEGY
The Fund promotes the development of the MSME sector in Kazakhstan and relies on successful and effective implementation of the government’s
and its own MSME support programs. The Fund has more than 20 years of experience supporting MSMEs and a number of other strengths that will be
used to help effectively implement the development strategy and achieve goals and targets.
MAJOR STRATEGIC DIRECTIONS OF THE FUND
Strategic directions
Strategic goals
Support and development of first-time
Increase lending to micro-businesses, development,and implementation of tools to support
and experienced entrepreneurs
MC and credit associations
Extend the reach of the existing MSME financial support programs
Ensure greater business efficiency of supported MSMEs
Sustainable institutional development of the Fund
Attract additional sources of funding.
Achieve financial performance targets.
Automate business processes.
Raise the standards of corporate governance
The Development Strategy of DAMU Entrepreneurship Development Fund JSC was approved by the decision
of the Board of Directors dated July 3, 2017
ANNUAL REPORT 2018
Nur-Sultan city, “Start- up of the bilingual children’s club”, IE Ukubayeva Aigul Kurmangalievna. Project for the start-up of the bilingual children’s club.
The company has received support through the guarantee instrument in the framework of the 2020 BRM
ANNUAL REPORT 2018