Preferential lending for social entrepreneurship entities

On February 17, 2023, Resolution No. 139 "On Amendments and Additions
to Government Resolutions No. 820 dated December 11, 2018 "On Some Issues of
Ensuring Long-term Tenge Liquidity to Solve the Problem of Affordable Lending"
and No. 1060 dated December 31, 2019 "On Some Measures of state Support for
Private Entrepreneurship" was adopted.
The amendments provide for the creation of preferential credit conditions for
social entrepreneurship entities within the framework of the National Project for
the Development of Entrepreneurship for 2021-2025 (hereinafter referred to as the
National Project).
Thus, social entrepreneurship entities can receive preferential lending at a
rate of 7% (for all other 8%), for a loan amount of up to 1.5 billion tenge, with a
term of up to 5 years without industry restrictions.
To participate in the National Project, you must be registered in the register
of social entrepreneurship entities. The procedure for inclusion in the register of
social entrepreneurship entities is regulated by Government Decree No. 773 of
October 28, 2021.
To obtain complete and reliable information, as well as to prepare and
collect documents for participation in the National Project, an entrepreneur can
contact the Territorial Department of Entrepreneurship, Damu Entrepreneurship
Development Fund JSC https://damu.kz/, as well as to the centers services for
entrepreneurs.