Crimean business returns for warranty support as the network grows

An entrepreneur selling children’s goods first applied to the Crimean Guarantee Fund in mid-2019. The funds were used to replenish working capital and purchase new children’s goods. Then there were new financial injections under our guarantees and active business development and the opening of new stores,” the press service quotes Irina Kiviko.

According to the Deputy Prime Minister, the entrepreneur has currently received guarantee support (5 guarantees) in the amount of 14 million rubles, which made it possible to attract 25.2 million loan funds to the business.

Let us remind you that the activities of the Crimean Guarantee Fund are carried out within the framework of the national project “Small and Medium Enterprises and Support for Individual Entrepreneurial Initiatives”, providing guarantees in the amount of up to 50 million rubles to small and medium-sized businesses and self-employed citizens who do not have sufficient collateral to receive credit funds .

According to the press service of the Ministry of Economic Development of the Republic of Crimea