Last week, entrepreneurs received 411 soft loans totalling UAH 1.6 billion from authorised banks under the State Programme Affordable Loans at 5-7-9%, including 208 loans from public sector banks for UAH 0.4 billion.

Since the beginning of 2024, entrepreneurs have received 24,467 loans worth UAH 92.1 billion under the Programme, including 17,991 loans worth UAH 45.1 billion from public sector banks.

During the period of martial law in Ukraine, 68,621 loans worth UAH 269.4 billion were issued (including 51,025 loans worth UAH 135.5 billion by public sector banks), of which as of 23 December this year:

• UAH 31.72 billion - for investment purposes;
• UAH 68.49 billion - for working capital financing;
• UAH 40.9 billion - loans for agricultural producers;
• UAH 30.2 billion - for the processing of agricultural products;
• UAH 57.55 billion - for anti-war purposes;
• UAH 25.35 billion - lending in the high military risk zone.

A total of 103,443 loan agreements worth UAH 359 billion have been signed since the start of the programme, including 71,501 agreements worth UAH 162.2 billion by public sector banks.

The programme is implemented by the Entrepreneurship Development Fund (EDF), whose sole participant is the Government of Ukraine, represented by the Ministry of Finance, which coordinates all key aspects of the Fund’s activities.

Under the Affordable Loans at 5-7-9% programme the EDF has entered into cooperation agreements with 46 banks. The state continues to make all necessary compensation payments to businesses under the loan agreements concluded under the programme.

On 13 September this year, the Government supported the changes proposed by the Ministry of Finance to improve the processes of providing financial state support to micro, small and medium-sized enterprises, which is especially important in the context of a full-scale war. First of all, it concerns the development of the state programmes “Affordable Loans at 5-7-9%”, “Affordable Financial Leasing at 5-7-9%”, and “Affordable Factoring”.