Boosting Entrepreneurship in Ukraine
Ukraine’s state-backed "Affordable Loans at 5-7-9%" initiative continues to fuel micro, small, and medium-sized enterprises. Since the start of 2026, a total of 11,861 loans worth 52.6 billion hryvnias have been issued. In just the past week, businesses secured 1,047 subsidized loans amounting to 4.3 billion hryvnias—a record-breaking performance.
Amid the ongoing war, the program has shown remarkable momentum: during the martial law period, 111,549 loans totaling 423 billion hryvnias have been disbursed. Overall, since the program’s launch, 146,337 credit agreements have been signed, reaching 512.6 billion hryvnias. The National Development Institution is responsible for implementing the program.
Why This Program Matters for the Economy
The "Affordable Loans at 5-7-9%" initiative plays a critical role in sustaining Ukrainian businesses, especially during wartime when the economy relies heavily on extra investment and financial support. The surge in lending activity reflects strong entrepreneurial interest in growth and the tangible benefits of state-backed assistance.