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TÜRKİYE FORMAL EMPLOYMENT FACILITY
NEWSLETTER 2
JUNE 2023
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NEWS DIGEST FROM TÜRKİYE FORMAL EMPLOYMENT FACILITY…
Türkiye Formal Employment Facility Conditions Have Been Relieved in Ten Earthquake Affected Project Provinces
Türkiye Formal Employment Facility conditions have been relieved for beneficiary SMEs in ten provinces affected by the earthquake. The conveniences have been provided to beneficiary SMEs in Adana, Gaziantep, Şanlıurfa, Osmaniye, Kahramanmaraş, Hatay, Adıyaman, Kilis, Diyarbakır and Malatya within the Project financed by the German Federal Ministry of Economic Cooperation and Development (BMZ), managed by KfW Development Bank and implemented by KOSGEB and Credit Guarantee Fund (KGF).
The Loan Volume Generated in the Turkish Formal Employment Facility Has Surpassed TRY 1 Billion
BMZ funded Türkiye Formal Employment Facility exceeded its target for the beneficiary SMEs; 783 SMEs applied to the project.
Within the scope of the project, 623 SMEs’ loans have been approved as of June 12, 2023 and total volume of loans generated has exceeded one billion Turkish Liras.
Click for details
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Dreamon Covers Its Expenses with the Help of the Project Loan
A prominent bridal dress manufacturer in Gaziantep, Dreamon was first established in 2003 as a bridal dress selling business inside a small shop. One of Dreamon's partners, Rüştü Özgür Karuserci, claims...
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Ak Otomasyon Defends itself against Inflation by Early Procurement of Raw Materials
Ak Otomasyon is producing machine automation systems which are essential for industrial operations. Baki Aksoy, the owner of the company, claims that the earthquake had a significant impact on the SMEs in...
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Çilsan Çikolata Continues to Benefit from the Project with the Flexibilities Introduced
Mahmut Çil has been producing chocolate and chewing gum at Çilsan Çikolata since 2014 with his family and sets a good example for young entrepreneurs. He notes that sales have slightly decreased...
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Recovering from the Earthquake Together with Milk Producers
Hüseyin Korkmaz, a 49-year-old entrepreneur, fulfils his dream of creating employment with Korkmaz Süt, a company he founded 12 years ago in Şanlıurfa. Currently, he is trying to mitigate...
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Metaş Oyuncak Sustains its Business with the Flexibilities
Metaş Oyuncak is founded in 2011 as a toy company and located on a total area of 6500 m². It It offers a 150-item product line that includes battery-powered products suitable for children over the age of three...
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Thanks to Revisions in the Project, She Continues Operating in Her Patisserie
Rengin Gümüşay is a 55-year-old high school graduate and mother of two children. She started to sell her home-made pastries at the local market when her husband lost his job years ago. The positive reviews...
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Türkiye Formal Employment Facility Loan Supported Cash Flow
Bilal Sezer, 30, wants to use the skills he learned as an apprentice to grow the family business after his father passes away. One of the sectors affected by the earthquake is the paper manufacturing sector. Nimet...
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Artrotek is Accessing to Finance through Türkiye Formal Employment Facility
Özgür Kahveci (41) holds a Turkish Language and Literature degree from Gaziantep University, and is one of the partners of Artrotek, a company that produces implant products and auxiliary...
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Employment is Supported through the Project
With a population of about 150 000, Kilis is known for its cuisine and handicrafts in the area. Kilis has been helping the neighbouring provinces while also recovering from the earthquake. Emine Kurt founded...
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Growing the Family Business with Project Support
Hüseyin Kopan has been producing thousands of breads every day with his team at As Mis Unlu Mamülleri in Kilis to meet the needs of the region after the earthquake. As Mis Unlu Mamülleri diligently strives to...
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Türkiye Formal Employment Facility Empowers Women
Through the Türkiye Formal Employment Facility, Nisanur and Buket joined forces to strengthen the fashion industry with their business. Nisanur İlhan Bölek, a 37-year-old business administration graduate, comes...
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This newsletter has been produced with the financial assistance of the BMZ. The contents of this newsletter are the sole responsibility of KOSGEB and KGF and can in no way be taken to reflect the views of the BMZ. |
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