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The 5th Business Forum of Conference on Interaction and Confidence Building Measures in Asia (CICA), 10-11 of November 2016, Astana, Kazakhstan

15 kindergartens has been opened up in Kyzylorda region thanks to guarantees and subsidies under the program "Business Road Map 2020"

February 9, 2015 6:22 pm

Entrepreneurs make good the deficit of kindergartens in Kyzylorda region by taking out soft loans under the program "Business Road Map-2020" to open private kindergartens, which are very popular among the population.

Activities of children's educational institutions included in the list of priority sectors of the economy that are supported by the government. Many entrepreneurs have taken advantage of this opportunity and were able to open kindergartens with support of «Damu» Fund, which issued a guarantee for them as collateral for bank loans and subsidies to reduce the cost of interest rates on loans.

15 small and medium-sized enterprises in Kyzylorda region have taken advantage of this opportunity and opened up modern kindergartens. The advantage of private kindergartens is that, acting in a competitive environment, businesses increase the number of services, which are available at their institution.

On a large scale in private preschool centers there are swimming pools, dance clubs, sports clubs as well as transportation of children provided, moreover operation mode of private kindergartens are allowed to make a schedule convenient for parents.

Mahatova Akshagul from Zhalagash region - one of these entrepreneurs, who opened a kindergarten in the framework of the program "Business Road Map 2020". In 2012 she opened up kindergarten for 100 seats in the village Zhalagash and was pleased with the villagers. In order to build a kindergarten, which meets all modern requirements businesswoman from Zhalagash region has taken loan, the interest rate on which was reduced to 7% from BTA Bank. Insufficient part of collateral to the bank for credit in the amount of 50% was covered by "Damu". Fund Within the project 30 jobs was created by individual entrepreneurs Akshagul Mahatova, which enabled to improve the social status of Zhalagash region’s residents. Currently, business woman finishing the construction of the second kindergarten, which will start functioning in the near future.