Line of business

It is planned to open a microcredit company as a separate organization or a subsidiary credit company for lending to small and medium businesses. One of the founders of which will be the management company "Matar-Group" with the right to vote and a share of the authorized capital of 30%.

Project description

The purpose of establishing a microfinance company is to support small and medium businesses and generate profit for the company. A license from the central bank of the republic will be obtained, giving the right to engage in this activity. Regulations and procedures for lending will be developed in accordance with the laws on micro-credit companies established in the republic.
Working capital at the initial stage of lending is planned in the amount of 1 million euros.
Credits will be issued only for legal entities and individuals engaged in entrepreneurial activities. Financing of commercial projects and start-ups is also provided.

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