The program to support the financing of investment projects of small and medium-sized enterprises (SMEs) in priority areas (Programme to support investments of SMEs) (hereinafter – the Program) was developed within the framework of the project “Support of small and medium-sized enterprises”, which is implemented as part of the Loan and Grant Agreement , signed on 29.12.2012 between the Cabinet of Ministers of Ukraine represented by the Ministry of Finance of Ukraine, KfW and the German-Ukrainian Fund (hereinafter – NUF) for the purpose of financing investments in the fixed and working capital of small and medium-sized enterprises.
Financing of SMEs will be provided in the national currency at the expense of compensation for the currency risk of the German-Ukrainian Fund as a creditor with the funds of the European Commission under the project “Financing of SMEs within the framework of the Eastern Partnership – Stage II” provided by KfW.
Borrowers
Individual entrepreneurs (FOP)
Micro-enterprises (no more than 20 permanent employees)
Small enterprises (no more than 250 permanent employees)
Medium enterprises (no more than 500 permanent employees)
Purpose of the loan
Financing of production, services, agriculture
Credit currency
UAH
Maximum loan amount
€250,000 (hryvnia equivalent)
Interest rate
The maximum rating is defined as UIRD x 1.1
Maximum loan term
2 years (for working capital financing)
6 years (for financing investments in fixed assets)