Halkbank Earthquake Zone Financial Support Package (1)

Halkbank Earthquake Zone Financial Support Package

Women producers in the earthquake zone will stand up again with Halkbank

Halkbank created a financial support package for women’s cooperatives and women entrepreneurs operating in the region after the earthquakes in Kahramanmaraş on February 6, 2023, which affected 11 provinces. Within the scope of the support package announced on March 8, International Women’s Day; Women’s Cooperatives Support Loan and KGF Guaranteed Women Entrepreneur Support Loan.

After the earthquakes in Kahramanmaraş that affected 11 provinces, Halkbank provided the necessary support to women’s cooperatives and women entrepreneurs; announced a special financial support package for the earthquake region so that production in the region can continue.

While explaining the support package, Halkbank General Manager Osman Arslan said; “With the support package we have prepared in order to reintegrate our producer women, who were damaged by the earthquake, into social and economic life as quickly as possible, we aim to implement the solidarity and redevelopment project in the region.”

With the Women’s Cooperatives Support Loan, women’s cooperatives operating in the provinces of Adana, Adıyaman, Diyarbakır, Gaziantep, Hatay, Kahramanmaraş, Kilis, Malatya, Osmaniye, Şanlıurfa and Elazığ, which were affected by the earthquake, will be given a zero-interest loan with an upper limit of 50 thousand TL to be used in business expenditures. The loan that 143 women’s cooperatives operating in the earthquake zone can benefit from, including a one-year grace period; It can be repaid in a total of 36 months and in equal monthly installments.

The KGF Guaranteed Women Entrepreneur Support Loan created for earthquake-affected women entrepreneurs; will cover micro, small and medium-sized enterprises. Women entrepreneurs, one year non-refundable with KGF guarantee; will be able to benefit from a 36-month term business loan and a 60-month investment loan in total.

Halkbank Earthquake Zone Financial Support Package (2)
Osman Arslan, General Manager of Halkbank

Halkbank will be the lifeline for women producers in the earthquake zone

With the support package, Halkbank General Manager Osman Arslan compensated for the losses suffered by women who are small and medium-sized business owners, who play the most important role in the development of the region; He told them that they would be lifeblood.

Reminding that Halkbank reached more than 172 thousand women entrepreneurs across Turkey with the Women Entrepreneur Loan Support Package, and contributed to the strong presence of women in the business world with a total support of more than 30 billion TL, Arslan continued his speech as follows.

“Our 13.5 million people living in the region were deeply affected by this great disaster, but unfortunately, women experience the greatest trauma in such disasters. While our women are trying to cope with basic problems such as shelter and security, they are selflessly trying to meet the basic needs of both themselves and their children.

We found that there are a total of 143 women’s cooperatives in the provinces and districts affected by the earthquake. Again, we held talks with 70 cooperatives in the region. The information we received shows that our women’s cooperatives do not want to leave the region in which they operate. Our cooperatives, which do not want to lose the local value they produce and offer, want to normalize as soon as possible. As Halkbank; It is our corporate responsibility to stand by our women who produce, add value and constitute the most dynamic part of the country’s economy. For this reason, we are implementing the Women’s Cooperatives Support Loan and the KGF Guaranteed Women Entrepreneur Support Loan in the earthquake zone.”


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