"Orleu" lending program for small and medium-sized businesses
Product involving the conditional placement of funds in second-tier banks for the subsequent financing of micro, small, and medium-sized private enterprises “Orleu”
Benefits
Terms and conditions of program
No. | Criteria | Terms and conditions |
1 | Target group | micro, small, and medium-sized private enterprises |
2 | Loan Period | - for investments - not more than 120 (one hundred and twenty) months; - for replenishment of working capital - not more than 36 (thirty-six) months; - for refinancing/replacement of the source of financing - not more than the remaining period of the refinanced debt |
3 | Loan Currency | KZT |
4 | Purpose of the Loan | - investments; - replenishment of working capital; - refinancing/replacement of the source of financing for existing loans of the Final Borrower issued not earlier than 1 January, 2025. |
5 | Nominal interest rate for Final Borrowers | 12.6% (twelve point six percent per annum) (annual effective interest rate up to 13.7% per annum) |
6 | Finance industry | priority sectors according to the terms and conditions of the program |
7 | Limit amount per Final Borrower | for investments - not more than KZT 7,000,000,000 (seven billion tenge); for replenishment of working capital - not more than KZT 3,500,000,000 (three billion five hundred million tenge) (inclusive) |
More about the program you can read on the Damu Foundation website ( https://damu.kz/en/programmi/loans/orleu/)