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Loan terms

Several second-tier banks have already joined the Program. In order to receive financing, an entrepreneur must send an application to the bank, undergo the necessary assessment and approval procedure and then he should apply to the Damu Entrepreneurship Development Fund.

Under the loan terms, the loan period will be 7 years, the nominal rate of remuneration for borrowers – 8 per cent due to the subsidizing rate within the framework of the Business Roadmap-2020 program.

Read more about the loan conditions here.