The program is designed to expand lending to MSMEs in rural areas, and settlements with a population of less than 100 thousand inhabitants.
The lending program is aimed at stimulating the development of small and medium-sized enterprises (SMEs) in rural areas where access to finance is traditionally limited. The initiative focuses on communities with a population of up to 100,000, allowing us to support businesses in remote regions. The expansion of lending will help local entrepreneurs develop, create new jobs, and increase economic activity in rural areas.
Borrowers
Individual entrepreneurs and private small and medium-sized enterprises with no more than 250 permanent employees and gross revenue from sales of products (works, services) not exceeding the equivalent of EUR 5 million (at the average annual exchange rate of the National Bank of Ukraine)
Purpose of the loan
Financing of production, services, agriculture, trade (only for individual entrepreneurs and microenterprises)
Loan currency
€, hryvnia
Maximum loan amount
€250,000 or equivalent in UAH
Interest rate
Market rate, determined by partner banks
Maximum loan term
3 years (for working capital financing)
5 years (to finance investments in fixed assets)
Source: guf.gov.ua
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For additional information, please contact the Zhytomyr Regional Development Agency at its registered office: 10003, Ukraine, Zhytomyr, S.P. Korolyova Square, 1, office 401
or by phone +38 098 579 32 39, +38 093 43 79 613.