Emblem
Official Source of the
Prime Minister of the
Republic of Kazakhstan
Menu
Emblem
Close button

Micro-credit recipients created more than 8 thousand jobs under Enbek program — Ministry of Labor and Social Protection of the Population

Monday, 23 September 2019, 14:09:44

At the Government session chaired by the Prime Minister Askar Mamin, the interim results of the Bastau Business project were summed up. This project is aimed at teaching the basics of entrepreneurship and was launched in 2017 as part of the implementation of the Program for the Development of Productive Employment and Mass Entrepreneurship.

Minister of Labor and Social Protection of the Population Birzhan Nurymbetov noted that one of the main directions of the Enbek state program is the support of entrepreneurial initiatives in order to provide social support to the unemployed.

The program provides the following tools for the development of entrepreneurship among the unemployed and self-employed, including youth and people with disabilities:

  • training in the basics of entrepreneurship through the Bastau Business project;
  • provision of microcredits at a low interest rate;
  • credit insurance;
  • mechanisms for the provision of free state grants for participation in new activities.

Priority rights for loans are granted to citizens who have been trained under the Bastau Business project.

“This year, the Bastau Business project is planned to reach 75 thousand people. To date, 33 thousand people have been enrolled in training. Including in the framework of the Year of Youth, 20 thousand young citizens were trained under the project ‘Zhas Kasіpker.’ Among the 27 thousand citizens who defended their projects, 8.1 thousand people received grants and loans,” Nurymbetov informed.

During 2017-2019 within the framework of the Enbek Program, 176 billion tenge were allocated from the republican budget for lending, about 31 thousand loans were issued to citizens.

The volume of financing for lending this year has doubled compared to 2017 and amounted to about 83 billion tenge. To date, 52.3% have been disbursed.

Over the past three years, the Plan for providing loans to the rural population has increased 5 times. Loans issued under the Program are available to rural residents. The average amount of loans in rural areas is about 4 million tenge. 52% of loans — this is the amount up to 3 million, 45% — from 3 million to 10 million tenge. The average amount of loans in cities is 11 million tenge.

“It is expected that this year more than 19 thousand people will be provided with loans, among them 16.7 thousand will be rural residents, 2.3 thousand — urban residents,” the minister said.

Loans were issued for the following purposes: startup projects (60%), business expansion (33%) and the development of anchor cooperatives (7%). It is noted that loan recipients have opened 8,384 new jobs.

By type of economic activity, 80% of loans in rural areas account for livestock, 9.6% for services, 6% for transport and communications. In cities, 30% of loans go to trade, 15% — to industry, 12% — to construction.

If we pay attention to the social status of borrowers, then 22% of them are unemployed, 74% are self-employed, 2.5% are people with disabilities, 1.5% are low-income families. Among them, 15% are young people, 34% are women.

Starting in 2018, state grants began to be issued under the Enbek Program. It is planned to reach 38 thousand people. To date, over 7.8 thousand grants have been issued.

The lending operator in rural areas and small towns is the Ministry of Agriculture, in cities and single-industry towns — the Ministry of National Economy.

Minister of Agriculture Saparkhan Omarov informed that 5.9 billion tenge were allocated for the implementation of the Bastau Business project in 2019. Including from the republican budget — 2.7 billion tenge. To date, 33 thousand people have been trained, or 44% of the plan. The average amount of loans issued is 3.3 million tenge.

This year, 44.7 billion tenge was allocated from the republican budget for 12 thousand microloans. In July 2019, an additional 20 billion tenge was allocated for 5 thousand microloans.

As of Sep. 13, 2019, a total of 32.5 billion tenge was disbursed in the republic and 450 microloans were issued.

Chairman of the Board of the National Chamber of Entrepreneurs Atameken Ablay Myrzakhmetov, in turn, noted that the main result of the implementation of the Bastau Business project over three years is the launch of over 20 thousand new business projects. It is noteworthy that while at the start of the project there were only 80 classes for training future entrepreneurs, now there are already 252 of them in districts, single-industry towns, regional centers, and in Nur-Sultan and Almaty.

In just three years, loans totaling 35 billion tenge were issued. At the same time, products and services were issued for 50 billion tenge.

“An analysis of the launched projects shows that 1 tenge of support measures produces products and provides services at 1.8 tenge,” Myrzakhmetov said. In 2019, it is planned to open 15,000 business entities to loan recipients.


News feed
01 June 2020, 16:27
Government session to be held June 2 in Ukimet Uyi
29 May 2020, 15:56
Interdepartmental Commission decides to remove checkpoints and resume activities of several industries
28 May 2020, 15:12
Two hundred and thirty best specialists in 11 industries work to increase competitiveness of Kazakhstan
28 May 2020, 01:23
Oil production, gas supply and investment attraction — review of energy sector in Kazakhstan
27 May 2020, 11:36
Prime Minister of Kazakhstan Askar Mamin presented Dostyk Order to UAE Ambassador Mohammed Al-Jaber
26 May 2020, 19:52
Intergovernmental Commission considers issues of strengthening quarantine enforcement
26 May 2020, 11:43
Steady growth of 4% maintained in livestock industry — Ministry of Agriculture
26 May 2020, 11:04
In 2020, it is planned to sow crops on area of ​​22.5 million hectares — Ministry of Agriculture
26 May 2020, 10:51
Efforts in livestock development will be aimed at increasing self-sufficiency and exports — Askar Mamin
26 May 2020, 10:18
Kazakhstan has real potential to become one of world’s food hubs — Askar Mamin
25 May 2020, 22:33
Modernization of pharmaceutical industry and production of protective products: How Kazakhstani enterprises developed during emergency state
25 May 2020, 19:39
Interdepartmental Commission decides to resume several types of activities in regions
25 May 2020, 15:01
Government session to be held May 26 in Ukimet Uyi
24 May 2020, 11:00
Video Digest: Main events of the week, No. 62
24 May 2020, 08:38
Prime Minister Askar Mamin congratulated Kazakhstanis on Oraza Ait
23 May 2020, 22:19
Small and medium-sized enterprises, investment, and exports: What Almaty region focused on
23 May 2020, 21:38
Video Digest: Results of Prime Minister Askar Mamin’s working trip to Almaty region
23 May 2020, 17:26
Prime Minister Askar Mamin gets acquainted with state of hydraulic structures and implementation of development programs in Almaty region
22 May 2020, 16:24
Prime Minister Askar Mamin inspects restoration works in Maktaaral district of Turkistan region
21 May 2020, 12:44
Capital should be an example for all regions — Askar Mamin
20 May 2020, 18:00
Roman Sklyar discusses development of bilateral cooperation in engineering with German companies
19 May 2020, 15:22
Since beginning of 2020, 118 thousand people employed under Enbek program — Birzhan Nurymbetov
19 May 2020, 14:08
Ruslan Dalenov: Main goal of implementing Integrated Plan — to ensure employment of people
19 May 2020, 13:53
Each year, state will purchase 365 thousand tons of agricultural products
19 May 2020, 12:36
Who can purchase housing under new program 5-10-20
19 May 2020, 11:49
Integrated plan to help restore economic activity by the end of 2020 — Ruslan Dalenov
19 May 2020, 10:02
Government adopts Integrated Plan for Recovering Economic Growth
19 May 2020, 09:01
Prime Minister Askar Mamin introduces new minister of finance
19 May 2020, 08:25
Roman Sklyar inspects progress of restoration work in Turkistan region
18 May 2020, 21:03
Total supply of socially significant food products in Kazakhstan is 720 thousand tons
18 May 2020, 17:44
Interdepartmental Commission considers epidemiological situation in the country
18 May 2020, 17:03
Government session to be held May 19 in Ukimet Uyi
17 May 2020, 21:09
Fighting against unemployment and improving adjacent villages — how East Kazakhstan region developing today
17 May 2020, 09:39
Video Digest: Main events of the week, No. 61
16 May 2020, 21:33
Video Digest following Prime Minister Askar Mamin’s working trip to East Kazakhstan Region
16 May 2020, 14:36
Prime Minister Askar Mamin inspects development of Semey city and preparations for 175th anniversary of Abay
15 May 2020, 16:22
Prime Minister Askar Mamin inspects progress of spring field work and socio-economic development of East Kazakhstan region
14 May 2020, 22:52
From agriculture to tourism or how Akmola region develops its key industries
14 May 2020, 18:14
Government delegation led by Deputy Prime Minister Yeraly Tugzhanov pays working visit to Atyrau region
14 May 2020, 17:14
Labor market after emergency state: Number of vacancies and resumes increased
14 May 2020, 17:01
Prime Minister Askar Mamin holds board meeting of Baiterek Holding
14 May 2020, 13:25
Prime Minister Askar Mamin inspects progress of sowing in Akmola region
13 May 2020, 17:43
New package of measures to reopen economic sectors
13 May 2020, 16:02
Prime Minister Askar Mamin instructs regions to introduce reference standard of Smart Cities
12 May 2020, 11:45
According to results for first quarter of 2020, foreign trade turnover of Kazakhstan grew by 2.7%
12 May 2020, 11:21
In January-April 2020, oil production amounted to 31.3 million tons
12 May 2020, 10:36
In January-April 2020, pharmaceutical industry production increased by 24.2% — Ministry of Industry and Infrastructure Development
12 May 2020, 10:18
According to results of four months, state budget received 2.7 trillion tenge of revenues — Ministry of Finance
12 May 2020, 09:56
Communication services increased by 9.6% in January-April 2020 — Ministry of National Economy
12 May 2020, 09:46
Priority task for coming period will be formation of new economic structure — Askar Mamin
© 2019 - 2020 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.