"Atameken" has offered the Government its expertise in lending

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The Cabinet of Ministers will discuss the possibility of unification of lending programs for business start-ups

Prime Minister Karim Massimov instructed the Ministry of National Economy to consider the creation of equal for lending to SMEs. "Prepare, let's discuss your approaches next week. We need to unify all the programs in the different sectors - entrepreneurship, roadmap of employment, so that there is no arbitration in between them. So that rates, conditions are the same everywhere", - ordered K. Masimov.

Meanwhile, informing the members of the Government of the contribution of NCE RK "Atameken" in provision of loans to business start-ups in rural areas, the Deputy Chairman of the National Chamber of Entrepreneurs Nurzhan Altaev suggested the use of the successful experience of "Atameken".

"We opened in all regions Business Support Centers supporting and business schools, where we train people, help, advise them on all issues. And as a result of the work of these centers, we see that a very large number of rural population, which has no business experience, does not know where to start from", - said Altaev.

Nurzhan Altaev added that new entrepreneurs are interested in the accessibility to funds. Speaking about this, Deputy Chairman of NCE noted that "many financial institutions in rural areas do not provide loans, considering it a high risk".

"In parallel we launched the program of micro-loans to small business. We are attracted through private equity funds and sponsorship 1.5 billion tenge, and we implement it in five regions - Almaty, Aktobe, Kyzylorda, Kostanai, Mangistau regions", - said N. Altaev, adding that these regions allocated to the program from the local budget about half a billion tenge".

According to Deputy Chairman of the Board of NCE, the "Atameken" program has certain differences from the other employment programs. For example, the maximum loan amount varies from 3 to 16 million tenge. On a parity basis these funds are allocated, providing loans to borrowers in rural areas at a rate of not more than 7% for up to five years.

"We suggest to consider our microloan program, which today is the most accessible to the rural population, and maybe to use our microcredit organizations", - Nurzhan Altaev proposed to the members of the Government.

Zhanar Serdalina