Crimean entrepreneurs received over 830 million rubles in the form of preferential microloans for business development

Money from the received microloans was used for construction, opening new retail outlets, purchasing equipment, restructuring production processes, increasing capacity, import substitution projects, increasing trade volumes and launching new activities, — the press service quotes Irina Kiviko.

Let us remind you that the Microfinance Fund for Entrepreneurship of the Republic of Crimea provides a wide range of preferential products designed to finance different sectors of the economy — from self-employed citizens and aspiring entrepreneurs to experienced businessmen.

Today, the organization offers 15 programs under which entrepreneurs can receive borrowed funds in the amount of 25 thousand to 5 million rubles for a period of 6 to 60 months. The interest rate, depending on the field of activity and category of the borrower, ranges from 1% to 20% per annum.

source: according to the press service of the Ministry of Economic Development of the Republic of Crimea