The Small and Medium Industry Development Organization (KOSGEB), which has supported victims of terror attacks and natural disasters, will offer interest-free loans of up to TL 30,000 ($10,000) for machinery, equipment and hardware purchases and workplace modernization activities of tradesmen, regardless of whether they previously took advantage of KOSGEB incentives.
Furthermore, the decision by Türkiye Halk Bank to provide loans for tradesmen and craftsmen of the Cabinet has come into force after being published in the Official Gazette. Accordingly, the condition for "not having received any previous loans from KOSGEB" for terror and natural disaster stricken tradesmen and craftsman directly or under the guarantee of Loan and Guarantee Cooperation of Turkish Tradesmen and Craftsman have been annulled for Türkiye Halk Bankası A.Ş.'s Treasury-supported loans.
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