October 6, 2023

Almaty Finance provided financial support for construction of student dormitory

Almaty Finance LLP (subsidiary organization of SEC "Almaty") financed a social project on construction and equipping of a student dormitory located in Almaly district, at 74 Radostovets Street.

The funds allocated under preferential financing were used to reconstruct the building into a dormitory for 375 beds for students and to purchase all necessary equipment.

In addition, the implementation of the project will create 11 new jobs.

Social entrepreneurship is one of the priority sectors under the Almaty Business - 2025 Program.

Credit terms:

Financing for investment and working capital purposes;

The loan amount is from KZT 69 million to KZT 500 million;

Loan terms: investments - up to 7 years, working capital financing - up to 3 years;

Interest rates: 2% and 6% p.a., 2% p.a. for residents of small industrial parks.