Crimean entrepreneurs explained what will go 350 million rubles preferential microloans

The Russian government has allocated Crimea and Sevastopol an additional 350 million rubles for preferential microloans for business. Director of the Microfinance Entrepreneurship Fund of the Republic of Kazakhstan Valentina Alenina told Radio Crimea that the funds will be used to replenish fixed assets.

According to her, federal funds are targeted. They will be sent to replenish fixed assets: various equipment, transport and generators.

“That’s what needs to be restored now,” she said.

Priority in issuing preferential microloans will be given to production, agriculture, creative industries, as well as a number of services, catering and hotels. For these industries, the rate will be 7% per annum.

“In any case, today the rate is this,” – said the Director of the Fund.

The allocation of 350 million rubles continues a series of measures to support small and medium-sized businesses on the peninsula. Earlier, the government has already sent Crimea more than 279 million rubles for the capitalization of the fund, and the maximum amount of a microloan for one small and medium-sized business is up to 5 million rubles.

Preferential microfinance remains one of the most popular tools for supporting business in Crimea. In 2026, entrepreneurs issued more than 200 microloans for a total amount of more than 500 million rubles.

Since October 1, 2026, the region has earned a microloan "Generator" for the purchase of autonomous power sources: rates for it range from 1% to 14% per annum, and the financing period from six months to two and a half years. At the end of August 2026, the rate on loans for priority areas of the economy was reduced to 7% per annum, for other sectors it is 11.9%.

In addition, in the conditions of the emergency regime in the Crimea, a number of other measures were in place: a moratorium on the accrual of penalties on loans from the microfinance fund, the restructuring of existing contracts, and a reduction in rent for republican property by 75%.

In September 2026, an increase in the period of credit holidays for SMEs from six to eighteen months was discussed, and the Crimean Guarantee Fund issued guarantees and opened access to the programs of the SME Corporation; thanks to this, the business attracted more than 900 million rubles.