Entrepreneurs told how a one-percent micro-loan helped save the business

Tatarstan businessmen in 2021, during the period of restrictive measures, may receive a number of new support measures, including a "One percent micro-loan" from the Ministry of Economy of the Republic of Tatarstan. The support program has shown its effectiveness in the 2020m pandemic year. Entrepreneurs told how the republican program of preferential microfinance helped to survive in a difficult period.

Businesswoman Natalia Tarakanova owns the firm "Geopribor" since 2008, the company supplies geodetic equipment. During the pandemic, she, like many other businessmen, had a hard time - sales fell, businesses were closed. The Republican support measure, a one percent micro-loan, helped solve some of the problems. With the amount of 1 million rubles received in 2020, she was able to participate in the tender and purchase equipment.

"Entrepreneurs know that under the terms of the tender, the customer pays for the purchase within 30-60 days, for this it is first necessary to buy and deliver this equipment, and we sent the money received for the purchase of equipment, which subsequently helped to make a profit. We, business owners, always need money, almost no one works on 100% prepayment, so support measures are a help for us in any case," the entrepreneur said.

The director of the company "Euroznak-Kazan" Marat Asadullin is engaged in the production of road signs, installation of equipment. Thanks to a one-percent microloan from the Ministry of Economy, he was able to purchase equipment under the current contract.

"If not for this help, the contract would have to be terminated, because there were not enough working capital, it was necessary to invest their own funds. As a result, we were able to fulfill the contract, make a profit, and save jobs for employees. The payment is small, comfortable," the entrepreneur said.

We remind that on November 1, a preferential micro-loan "One percent" with a rate of 1% for 24 months with a deferred payment for the payment of the principal debt for six months started for entrepreneurs of Tatarstan. Preferential microfinance is provided to entrepreneurs from the trade sector, for individual entrepreneurs without employees from the affected industries, defined by Cabinet of Ministers Resolution No. 208. The preferential rate will be valid while maintaining the full-time number of at least 90%. In addition, for small and medium-sized businesses, a deferral of payment of the principal debt on microloans of the Entrepreneurship Support Fund is provided.

Applications are accepted at the Entrepreneurship Support Fund subordinate to the Ministry of Economy of the Republic of Tatarstan at the address: Kazan, Petersburgskaya st, 28, or online at FASTTREK.RF. Consultation by phone: (843)524-90-90.