Damu Entrepreneurship Development Fund
Entrepreneurship Development Fund “Damu” JSC
The Damu Fund is the key national development institution in Kazakhstan, whose main objective is to stimulate the growth of small and medium-sized enterprises (SMEs) through financial and non-financial instruments. For investors in Almaty, the Fund acts as a financial agent, reducing the cost of loans and sharing collateral-related risks.
- Interest Rate Subsidization
This instrument allows businesses to reduce the effective cost of loans. - Loan Guarantees
Addresses the issue of insufficient collateral for investors.
Mechanism: If the collateral provided to a bank (real estate, equipment, etc.) is insufficient, the Damu Fund provides its guarantee, which is accepted by banks as highly liquid security. - “Orleu” Preferential Lending Program
A special instrument designed for the implementation of large-scale projects.