Since the beginning of the year, 8,884 Ukrainian entrepreneurs have received loans under the “Affordable Loans 5-7-9%” program. The total amount of lending during this time amounted to 35.2 billion hryvnias. About 800 available loans were issued in the past week alone.
“Over the past week, within the framework of the State Program “Affordable Loans 5-7-9%”, entrepreneurs received 782 preferential loans from authorized banks for a total amount of UAH 3.7 billion, of which 562 loans were from banks of the public sector of the economy for UAH 1.5 billion hryvnias,” informed Ministry of Finance.
Since the beginning of the full-scale war in Ukraine, 53,026 loans have been issued for a total amount of UAH 212.5 billion. Loans were issued for the following purposes:
- UAH 17.85 billion for investment purposes;
- UAH 60.42 billion – for working capital financing;
- UAH 37.63 billion – loans for agricultural producers;
- UAH 14.30 billion – for the processing of agricultural products;
- UAH 57.39 billion – for anti-war purposes;
- UAH 11.43 billion – lending in the area of high military risk.
Currently, 45 banks provide available loans to Ukrainian entrepreneurs, including “Privatbank”, “Oshchadbank”, “Ukrgasbank”, “PUMB” and others.
Importantly!
As of December 2023, restrictions on receiving state support for some categories of enterprises affected by hostilities have been lifted. Also, since the end of last year, such loans cannot be used by large businesses. Now only micro, small and medium enterprises can get available loans.
Loans for business development can currently be obtained not only by enterprises, but also by private individuals. Business representatives can also take part in other programs, such as “Support of enterprises of the fuel and energy complex”, “Add energy to your business” (compensated expenses for increasing energy efficiency of enterprises, introduction of “green” energy solutions) and others.
Separate loans are provided for farmers. For example, in the state budget for 2024, 3 billion hryvnias have been set aside for compensation of expenses for humanitarian demining of agricultural lands. Farmers are compensated up to 80% of such costs.
