National Entrepreneurship Development Project for 2021-2025 (guaranteeing)

Benefits

гарантия до 85% от суммы кредита

на весь срок кредита

портфельное гарантирование

Lending terms

Participants	subjects of small, including micro entrepreneurship
Business areas	without industry restrictions, except for: loans aimed at the construction of residential complexes/cottages settlements and real estate/hotels with their subsequent sale loans for agricultural purposes* activities of pawnshops, microfinance organizations and leasing companies spheres of trade (the ban does not apply to small business entities, including micro entrepreneurship, implementing projects in mono and small towns, rural settlements), while trade in food products is allowed
Lending purposes	investments; replenishment of working capital
Maximum loan amount	for investments not more than KZT 20 million; for replenishment of working capital not more than KZT 5 million
Interest rate	the amount must not exceed the size of the base rate of the National Bank of Kazakhstan + 7 percentage points (annual effective interest rate is from 25,97% per annum)**
Amount of guarantee	85% of the loan amount
Guarantee period	no more than the loan period
Collateral	for loans up to KZT 5 million - not required for loans over KZT 5 million - taking movable/ immovable property as collateral

* Excluding projects that meet the conditions of Halyk-Agro Program (loans over 5 million tenge)

** At nominal annual interest rate of 23,75% and the NBK base rate of 16,75%

Participants	small and/or medium-sized business entity
Business areas	-entrepreneurs/entities of industrial-innovation activity, implementing and (or) planning to implement their own and effective projects in priority sectors of the economy, by the list according to the List of Priority Sectors of the economy specified in the Decree* -projects implemented in settlements, including mono and small towns, rural settlements, with the exception of cities of national importance/regional centers, are implemented without sectoral restrictions
Lending purposes	-for implementing effective** investment project, as well as a project aimed at modernizing and expanding production; - replenishment of working capital; -projects in the trade industry, implemented in settlements, including mono and small towns, rural settlements, with the exception of cities of national importance/ regional centers; refinancing
Maximum loan amount	for start-up entrepreneurs - up to KZT 360 million for existing entrepreneurs - up to KZT 1 billion
Interest rate	the amount must not exceed the size of the base rate of the National Bank of Kazakhstan + 5 percentage points (annual effective interest rate is from 23,49% per annum)***
Guarantee amount	- for start-ups and social entrepreneurship entities: up to 85% of the loan - for operating entrepreneurs: up to 85% of the loan amount up to KZT 360 million up to 70% of the loan amount up to KZT 600 million up to 50% of the loan amount up to KZT 1 billion
Requirements to borrowers in portfolio guarantee	it is not allowed to grant loans under the Fund's guarantee to entrepreneurs: - who have overdue debts on their own loans of more than KZT 100 thousand and more than 30 calendar days within the previous three years; - those loans, which were restructured in the bank (due to the deterioration of the customer's solvency) within the previous 3 years, except for the reduction of the interest rate not related to the deterioration of the customer's solvency -to the start-up and young start-up entrepreneurs
Guarantee period	no more than the loan period
Collateral	pledge of movable and immovable property, and the entrepreneur provides security for the loan with a collateral value of not less than 50% of the loan amount (when calculating the adequacy of collateral does not include pledge of rights of claim and pledge of equity interests in the share capital of business partnerships)
Portfolio guarantee term	provides for a portfolio guarantee with the possibility of independent decision-making by the Bank to grant loans to customers under the guarantee of the Fund

* Decree of the Government of the Republic of Kazakhstan No. 1060 dated 31 December 2019.

** Entrepreneur confirms growth of income (income from sales: cost of goods, works, services sold from main activities) or increase in the amount of taxes paid (corporate income tax/individual income tax), by 10% after 2 (two) fiscal years from the date of the resolution of the financial agency.

*** At nominal annual interest rate of 21,75% and the NBK base rate of 16,75%.

Contacts

Contacts	Details
for individuals - 7111 (free from mobile)	Fax-server: (727) 259-02-71
for legal entities - 9595 (free from mobile)	Teletype: 251866 KPOKET
+ 7 (727) 259-07-77 (landline)	Telex: 251531 HSBK KZ
8 8000 8000 59 (toll free across Kazakhstan)	SWIFT: HSBKKZKX
	Reuters: Dealing SVKZ
	E-mail: info@halykbank.kz
Postal address: 40, Al-Farabi Ave., А26М3К5, Almaty

Learn more about the program on the website of Damu Fund

Саll Center: 1408/+7 800 080 18 90 (toll free across Kazakhstan), +7 (727) 244 55 77 (Almaty)

Marketing, press service	pr@halykbank.kz
Chancellery	info@halykbank.kz
Treasury Department	dep_kaz@qazkom.kz
Bonus Club	GOBonus@halykbank.kz
Corporate Banking Department	EDUARDI@halykbank.kz
Pavlodar branch (legal entities)	NURSULTANKU@halykbank.kz
Pavlodar branch (individuals)	amtem@halykbank.kz
South Kazakhstan oblast branch	CRB_KP_29@halykbank.kz
West Kazakhstan oblast branch	ZKOF@halykbank.kz