Since the beginning of the year, more than 4,000 entrepreneurs have received UAH 18 billion under the "Affordable Loans" program
Kyiv • UNN
Entrepreneurs used affordable loans to replenish working capital, for which banks allocated UAH 8.7 billion.
Since the beginning of the year, 4,516 entrepreneurs have taken advantage of the Affordable Loans program, receiving loans worth UAH 18 billion. In total, 83.5 thousand loans worth UAH 285.1 billion have been granted since February 2020. This is reported by the Ministry of Economy, UNN reports.
Details
Since the beginning of 2024, entrepreneurs have most often used available loans to replenish working capital, receiving UAH 8.7 billion in loans. Banks have allocated UAH 3.7 billion in loans to processing companies, UAH 3.2 billion to businesses operating in the high military risk zone, and UAH 2.8 billion to implement investment projects.
The program is most often used by companies operating in the industry:
- agriculture (48%);
- wholesale and retail trade (25%);
- processing industry (17%).
Lviv, Dnipropetrovs'k, Odesa, Kyiv, Kharkiv, Vinnytsia, Poltava regions and the city of Kyiv are the leaders among the regions in terms of loan transactions. Currently, 45 banks are participating in the program, with the largest number of loans disbursed since the program's inception: "Privatbank (38.1 thousand), Oschadbank (12.8 thousand) and Raiffeisen Bank Aval (5.4 thousand).
Recall
The German bank KfW has planned to allocate 50 million euros to Ukraine to refinance the program "Affordable Loans 5-7-9%" for small businesses to strengthen financial support in wartime.