Entrepreneurs have received 738 loans under the Affordable 5-7-9% Loan program.

Tuesday, May 3, 2022
Entrepreneurs have received 738 loans under the Affordable 5-7-9% Loan program.

 Last week, 738 soft loans totaling UAH 3.09B ($94M) were issued within the framework of the state program Affordable 5-7-9% Loans. Since the start of the program, 38,462 loans have been issued from authorized banks for a total of about UAH 102.6 B. Under martial law, one of the priorities of the Ministry of Finance remains state support for business development, which is being carried out, including through the Affordable Loans program initiated by the President of Ukraine, Volodymyr Zelenskyy. The loans that have been given include:

  1. Entrepreneurs received UAH 10.2B ($312M) for investment purposes;
  2. UAH 57.7B ($1.8B) in anti-crises loans were issued;
  3. UAH 24.8B ($780M) was issued in refinancing of previously received loans;
  4. UAH 9.3B ($290M) was issued to farmers and agricultural producers.

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