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Fuelling the growth ambitions of Kazakhstan

Baiterek has an active role in sustainable development of micro, small and medium sized businesses in Kazakhstan by means of realization of complex and effective instruments of support.

SME hand

Damu SME Fund

The Damu SME Fund implements and monitors financial support. It offers, for example, interest rate subsidies on loans to businesses, provides guarantees to banks on entrepreneurs’ loans and provides non-financial support.

The Fund has 18 Entrepreneurs' Service Centers across the country, as well as 14 mobile Business Support Centers to provide convenient consultation to entrepreneurs. All branches have considerable experience working with local businesses, public organizations and local executive authorities.

DAMU Micro

Conditional placement of funds in microfinance organizations for subsequent financing of micro and small business entities. Interest rates are no more than 6% and the maximum loan is 8 MCI, which in 2017 is approximately $5,400

Mass entrepreneurship

A program of productive employment and business growth, with an interest rate of 6% and maximum loan of 8 MCI which in 2017 is $5,400

DAMU - EBRD

A program of productive employment and business growth, with an interest rate of 6% and maximum loan of 8 MCI which in 2017 is $5,400

DAMU Regions

With an interest rate below 14% per annum and a maximum sum of $1.5mn, the scheme provides subsidies and guarantees to entrepreneurs in Special Improvement Districts in priority regions

DAMU - Leasing

Financing of leasing deals to a maximum value of $440,000 and interest rates of no more than 14%

DAMU - Factoring

Provides loans to SME factoring clients to a value of $440,000 and interest rates up to 24% with regression and 30% without

DAMU - Ondiris

Support program for SMEs in the manufacturing industry. The maximum sum available is $5.5mn, with interest rates up to 6%

DAMU - Franchising

Provides loans of up to $235,000 at interest rates of up to 15% for SMEs seeking to enter a franchise agreement

EBRD Women in Business

Loans of up to $90,000 for businesses led by female entrepreneurs, where 50% of the capital is owned by a woman and at least 30% of the staff are women. Interest rates are up to 14%

DAMU - ADP

SME-financing program offering loans of up to $1.6mn without industry restrictions

DAMU - Komek

Non-financial support for entrepreneurs, startups and individuals with disabilities

'Business Roadmap 2020' subsidies

Supports new business initiatives in rural, small or single-industry towns to a maximum value of $2.2mn and entrepreneurs in manufacturing and primary economic sectors with a maximum available of $13.2mn

DAMU - Optima guarantees

Guarantees for startups of up to 85% on loans of no more than $90,000 and for established businesses of up to 50% on loans of no more than $300,000, where they have insufficient collateral security and are not covered by the 'Business Roadmap 2020' program

"Business Roadmap 2020" guarantees

Guarantees for startups of up to 85% on loans of no more than $60,000 and for established businesses of up to 50% on loans of no more than $300,000 under the 'Business Roadmap 2020' progra

Nurly Zher

A 7% annual subsidy on the interest rate of loans granted to private developers under the 'Nurly Zher' housing program

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