OREANDA-NEWS.  A fundamentally new for Ukraine р2р­ and р2b­credit market in two years will allow small businesses to create more than a million new jobs through microcredit. To create 1 million new jobs, you need to attract UAH 20 billion in this type of loans. This was announced by the chairman of PrivatBank Oleksandr Dubilet during the conference "Roadmap to restore lending in Ukraine" organized by the Independent Association of Banks of Ukraine (NABU) in Kyiv.

According to the head of the country's largest bank, today's classical programs of small and medium business lending do not take into account the realities of the modern economy, so they cannot give the necessary credit support for small business and entrepreneurship. At the same time, through new lending platforms only from the beginning of this year, tens of thousands of entrepreneurs obtained funding in the total amount of UAH 1.5 billion.

"There are more than 2 million businesses in Ukraine: bakeries, shoemakers, shopping halls, mini cafes, which need not millions of dollars but tens of thousands of hryvnia loans. And our task is to make sure that loans can be easily obtained, – said Oleksandr Dubilet. —This can only be done by using the most advanced technologies, neither banks nor entrepreneurs themselves need "paper" loans in the current conditions".

Created with the support of PrivatBank online service "Loans to Ukrainian business" (KUB) allows entrepreneurs to obtain funds directly from private investors, while bank acts as an intermediary and guarantor of the loan operation. Owners here can obtain funding of up to UAH 300 thousand for a period of up to one year. As for investors, they can choose to either participate in small loans up to UAH 50 thousand, or one of the projects from UAH 50 to 300 thousand – and, in fact, become its creditor.