Sberbank has supported a workshop in the city of Kostanay
23 may 2019 Kostanay. - Papa Carlo workshop of wooden products is successfully developing in Kostanay thanks to the financial support of Sberbank and Damu Fund. The idea of creating such a workshop appeared in 2015, when spouses, Yevgeniy Nechayev and Yekaterina Nechayeva, decided to start making gifts, photo frames, inscriptions, postcards, brooches and wooden key holders. A new hobby began with the birth of a child.
«When our son was born, I began to look on the Internet for various decorations and frames for photos of our first child. So the idea was born to create compositions, photo frames and various gifts from wood. We made the first photo frame for ourselves, it was seen by friends who made the first commercial order. This is how our Papa Carlo workshop was created», - Yekaterina Nechayeva brings to mind.
Decorative items began to quickly gain popularity among the residents of Kostanay who began to increasingly make orders to young entrepreneurs and therefore soon they faced the challenge of expanding production. Then the couple decided to open a workshop, purchase additional equipment and attract artists and designers.
The entrepreneurs decided to take out a loan within the state program Yenbek in order to significantly expand their production. Taking advantage of its preferential terms, they received a preferential loan from Sberbank at 6% per annum. These funds were intended for purchase of a turning-milling machine for processing and manufacturing of complex-shaped cylindrical parts, patterned legs of tables, chairs, floor lamps, decorative balusters for indoor stairs, toy models, chess pieces and other wood products. Also, the machine allowed to significantly speed up the production process, which was a great support for the entrepreneurial couple.
«Financing of start-up entrepreneurs is very important in the framework of the development of small business. Therefore, today Sberbank takes an active part in the state program Yenbek which is aimed at supporting similar business projects», - Serik Karabayev, Director of Kostanay Branch of SB Sberbank JSC, said.