Last week, 233 loans totaling UAH 0.6 billion were issued under the State Program "Affordable Loans at 5-7-9%".

In total, since the start of "5-7-9%", representatives of micro, small and medium-sized enterprises (MSMEs) have received from authorized banks 25,170 loans worth UAH 66.2 billion.

Of those:

• UAH 7.99 billion paid to entrepreneurs for investment purposes;
• UAH 36.43 billion - as anti-crisis loans;
• UAH 21.83 billion - as refinancing of previously received loans.

One of the priorities of the Ministry of Finance is state support for the development of MSMEs, which is carried out, inter alia, thanks to the program "Available Loans at 5-7-9%" initiated by the President of Ukraine Volodymyr Zelenskyy. The draft State Budget for 2022 provides for UAH 3 billion (including an Affordable Mortgage of 7%). This will provide support for the development of another 20,000 entrepreneurs.

The 5-7-9% program is implemented by the Entrepreneurship Development Fund (EDF), which has currently concluded cooperation agreements with 39 banks on interest terms. The program also promotes the market of business lending services.