Women's Mortgage 'Umay' Returns to Kazakhstan in August
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Insights by Echo AI
Otbasy Bank is relaunching the women's mortgage 'Umay' program in August, with no competitive selection. The program, supported by the Asian Development Bank, offers loans up to 50 million tenge for purchasing or renovating housing. Women aged 18 to 65 with official income and no family income exceeding 1.25 million tenge are eligible. The loan amount can reach 80% of the collateral value in Almaty and Astana, and 85% in other regions. Pension savings can be used for the initial payment.
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