In the Republic of Crimea, the term of the “Universal” microloan has been extended until the end of the year

Deputy Chairman of the Council of Ministers of the Republic of Crimea – Minister of Finance of the Republic of Crimea Irina Kiviko reported that in the republic, due to the demand among small and medium-sized businesses, the term of the “Universal” microloan has been extended until the end of the year.

This program has become one of the key support instruments, as evidenced by its popularity. Since its launch, entrepreneurs of the republic have been provided with 209 microloans totaling 179.4 million rubles. In this regard, it was decided to extend the term of the «Universal» microloan until December 31 of this year, — the press service quotes Irina Kiviko.

The microloan, introduced into circulation by the Fund for Microfinancing of Entrepreneurship of the Republic of Crimea since November last year, is provided to small and medium-sized businesses. The loan amount is from 150 thousand to 1 million rubles at a rate of 6% per annum.

The procedure for submitting documents is carried out in the service “Selection and receipt of microfinancing”, which operates on the basis of the digital platform MSP.RF.

Let us recall that the Fund for Microfinancing Entrepreneurship of the Republic of Crimea operates within the framework of the national project «Small and Medium Entrepreneurship». Today, the organization offers 14 programs, within 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, is from 1% to 17% per annum.

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