Astana Small and Medium-sized Enterprises Financing Program

Target audience:

Small and medium-sized enterprises, young first-time individual entrepreneurs up to 29 years (inclusive) officially registered in the territory of Astana. State registration period as an individual entrepreneur at the time of applying to the Bank - at least three (3) calendar years. The annual average income must not exceed KZT 6 363 000 000,00 (six billion three hundred sixty three million) and average number of employees must not exceed 250 people.  

Lending purpose:

- acquisition, modernization of fixed assets;                                   - working capital financing.

Term:

- for acquisition and modernization of fixed assets – up to 83 months, but not later 30.06.2022;

 - for working capital financing – up to 36 months, but not later 30.06.2022.

Nominal interest rate:

no more than 7% (seven percent) per annum.

Intended use:

acquisition, modernization of fixed assets and working capital financing.

Loan currency: 

The maximum amount per one SME:

KZT 20 million.

Grace period on principal debt repayment:

No more than 18 months.

Special term:

- SMEs participating in the Program have the right to file an application for participation in Business road map 2020 uniform business support and development program for receiving guaranteeing;

- no industrial restrictions at financing;

- obligatory approval through CSS.

Loans are not granted for the following purposes:

- refinancing of existing loans of the borrowers;

- participation in authorized capitals of legal entities;

- cover of losses of the borrower's economic activity;

- payment for services to proxy (agents);

- reimbursement of previously incurred expenses of borrowers;

- acquisition of fixed assets, assets, works and services from affiliated persons.

Penalty for overdue repayment of principal debt, interest, forfeit (fine, penalty) on loan: