The government subsidizes these loans
As part of the state program to support businesses, the Entrepreneurship Development Fund has begun issuing loans with a low interest rate of 6% per annum. This was announced in an interview with Birinchi Radio by Adilet Kamchybekov, the deputy chairman of the fund's board.
Loans are available for entrepreneurs engaged in production, processing, and export, as well as for representatives of the IT sector and innovative companies. The list also includes services in the fields of tourism, education, and healthcare. Additionally, the funds can be used for purchasing real estate, including premises, but only for the purpose of expanding, modernizing, or increasing the production capacity of the existing business.
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