Subsidiary organization of Almaty SEC JSC - Almaty MFO LLP issued 60 soft loans for KZT 1.9 billion to small and micro-businesses in Almaty for half a year. Under the Almaty Business-2025 Program, start-up and existing business representatives received loans for business development at a soft rate of 2%*, 6%* (collateralized) or 12%* (collateral-free) per annum. Money is granted to purchase equipment, raw materials, replenish working capital, and cover other business needs.
Maximum loan amount in MFO is KZT 73,840,000 for up to 7 years. This year, entrepreneurs with manufacturing and processing projects received the largest number of loans - 32%, followed by human services projects (13%) and health care (12%). Next comes support for social and educational initiatives (10% each). Creative industries, trade, tourism and sports projects were also funded.
"Almaty MFO" LLP has been operating since 2019. Under the Almaty Business-2025 Program, MFOs have financed more than 540 small and micro-businesses with the creation of over 2,200 new jobs. At the moment, the total amount of financing is approaching KZT 12 billion," said Altay Ismagambetov, Chairman of the Board of Almaty MFO.
Get more information about soft loans by calling +7 (727) 390 80 80 42 or visiting
https://mfoalmaty.kz/ *Annual effective interest rate is calculated individually and does not exceed 13% p.a.