Mahabbat Umbetova has become the first participant of "Startup project" among first-time entrepreneurs of Arkalyk town within the Unified program "Business Road Map 2020".
Mahabbat Zhaksylykovna began from selling of household goods. Saving money, he gains experience. In 2014, she took "Damu" Fund’s courses "Business Advisor". After completion, Umbetova decided to set up her own business. In order to do this, she bought an apartment, remodeled and renewed it to grocery store. Mahabbat Zhaksylykovna made repairs and purchased a commercial equipment.
After spending money on capital expenditures, there are left no money to buy goods. Therefore, she appealed to the representation the "Damu" Fund in the Arkalyk town. Within the framework of "BRM -2020" program she obtained loan in the amount of two million tenge, which was spent for working capital. At the end of last summer, Mahabbat Zhaksylykovna finally opened up her own shop "Yerasyl".
Mahabbat Umbetova became a participant of program "Support for new business initiatives of entrepreneurs from single-industry towns, small towns and rural settlements", with a help of which she subsidized interest rate on her loan and got a guarantee. She obtained loan under 14% for 3-year period. The government compensate a 10% of interest rate from total amount, while businesswoman will pay only 4%. The amount of "Damu" Fund’s guarantee constitute to 1.4 million tenge.
According Mahabbat Zhaksylykovna, first-time entrepreneurs should not be afraid to participate in the "Startup projects. The "Damu" Fund will always provide a comprehensive support.