{"id":787764,"date":"2020-09-16T14:24:19","date_gmt":"2020-09-16T11:24:19","guid":{"rendered":""},"modified":"2024-01-31T22:32:22","modified_gmt":"2024-01-31T20:32:22","slug":"bilshe-40-malyh-pidpryyemtsiv-ne-gotovi-do-posylennya-karantynu","status":"publish","type":"post","link":"https:\/\/new.eba.com.ua\/en\/bilshe-40-malyh-pidpryyemtsiv-ne-gotovi-do-posylennya-karantynu\/","title":{"rendered":"More than 40% of small business owners fear re-entering the lockdown"},"content":{"rendered":"

More than 40% of small business owners fear re-entering the lockdown according to the results of the EBA express survey conducted among representatives of small and micro businesses who participates in the Unlimit Ukraine project. Thus, 42% of respondents said that their business is not prepared for another strict lockdown scenario. Another 29% of entrepreneurs say they are ready for the situation to worsen, and another 29% are hesitant about their preparedness for these developments.<\/span><\/p>\n

In the event of a second wave of coronavirus and, consequently, the re-introduction of stringent quarantine measures by the state, most small businesses will have to close or reduce their business, as well as seek help from the state. In this context, is extremely important to provide simplified access to affordable credit for entrepreneurs.<\/span><\/p>\n

In early February 2020, a state credit program “Affordable Loans 5-7-9%” was launched at the initiative of the President of Ukraine and the Prime Minister of Ukraine to stimulate the development of small and micro businesses by facilitating their access to credit. More than six months have passed since the launch of Affordable Loans, so we decided to ask the Unlimit Ukraine community for their opinion on the state loan program in question.<\/span><\/p>\n

Almost every fourth entrepreneur, namely\u00a0<\/span>27%<\/span><\/strong>, was denied participation in the program. Besides, only\u00a0<\/span>11%<\/span><\/strong>\u00a0of respondents managed to get a loan, and\u00a0<\/span>10%<\/span><\/strong>\u00a0are still waiting for a decision on their application. Another\u00a0<\/span>25%<\/span><\/strong>\u00a0only plan to apply for the program,\u00a0<\/span>16%<\/span><\/strong>\u00a0– do not plan due to their non-compliance with the criteria, and\u00a0<\/span>11%<\/span><\/strong>\u00a0– due to lack of interest.<\/span><\/p>\n

At the same time, 89% of entrepreneurs turned to the state bank for this program and only 11% – to commercial ones. When it comes to the amount, small loans predominate. Thus, 50% of entrepreneurs managed to get a loan of up to UAH 500,000, 20% – from UAH 500,000 to UAH 1 million, 17% – from UAH 1 million to UAH 3 million and another 13% received a loan of over UAH 3 million.<\/span><\/p>\n

Top 3 goals<\/span><\/strong>\u00a0for which entrepreneurs plan to spend loans received under the program “Affordable loans 5-7-9%”:<\/span><\/p>\n