116 million TL support from KOSGEB to Batman economy

Small and Medium Enterprises Development and Support Administration (KOSGEB) provided 116 million 600 thousand TL zero-interest, 4-year repayment loan support to business owners in Batman.

The economy of Batman, which is experiencing problems due to the Covid-19 pandemic around the world, has been provided with economic support, which is described as ‘lifeblood’ by the KOSGEB Provincial Directorate. KOSGEB Provincial Director Mehmet Fidan said that in the last 2 years, the country and the world have been affected by the Covid-19 virus, both health and economically. He stated that as the KOSGEB presidency, they urgently provided zero-interest loan support to the tradesmen in disasters such as earthquakes and floods. Fidan said, “Our small and medium-sized enterprises (SMEs) have suffered a lot. We have started the application of 100 thousand TL zero interest for each personnel in order to protect their employment and to remedy economic problems, in order to minimize this economic loss,” he said.


Fidan said, “The payment method is very convenient. Payments are made with zero interest, which is 4 years, with a grace period for the first two years, and in 6 installments in the next two years. Our businesses are pretty relaxed. During this period, we held meetings with our businesses, chambers of tradesmen and accountants. When the loans we initially targeted with 50 million TL attracted great interest, we provided a total of 116 million 600 thousand TL support to our 530 enterprises. The first installment payment of the 58 million 300 thousand TL support was transferred to the accounts of the enterprises. In the 9th month, we will make the second payments. In return, we have created more than 1000 jobs in total. There has been a very important employment for university graduates here. Businesses are obliged to employ these employees for at least one year. As it was yesterday, we will be with our businesses. In addition, we provided an additional 5 percent support to businesses that employ female personnel in their businesses.


Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.

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