"KazAgroFinance" JSC Begins Accepting Applications for Three Facilitated Leasing Programs Aimed at Supporting the Agricultural Sector of Kazakhstan

"KazAgroFinance" JSC Begins Accepting Applications for Three Facilitated Leasing Programs Aimed at Supporting the Agricultural Sector of Kazakhstan

24.02.2025 02:41:24 627

From February 20, KazAgroFinance JSC (part of the Baiterek NBH JSC group of companies) will begin accepting applications for three preferential leasing programs aimed at supporting the agricultural sector of Kazakhstan. The total amount of allocated funds is 10.5 billion tenge at an annual interest rate of 6%.
The financing will be distributed as follows:
“Our own feed” 3 billion tenge;
“Made in Kazakhstan” 5 billion tenge;
“6% preferential leasing” 2.5 billion tenge.
Under the “Made in Kazakhstan” program, farmers will purchase mounted, trailed and self-propelled agricultural machinery, as well as domestically manufactured and assembled vehicles for a period of up to 10 years at an annual interest rate of 6%. The advance payment starts from 15% of the leasing object.
The “Our own fodder” program is aimed at financing fodder preparation equipment and mobile irrigation systems of Kazakhstani and foreign production. The interest rate here is also 6% per annum, the term is up to 10 years, the advance payment is at least 15%.
The “Facilitated leasing” program allows farmers to purchase domestically produced/assembled self-propelled agricultural machinery on favorable terms without an advance payment for a period of up to 10 years at a rate of 6%.
“Facilitated leasing programs are in great demand among our clients. Therefore, as soon as free funds appear, we decided to direct them to these three leasing programs. They are “Made in Kazakhstan”, “Our own fodder” and “Facilitated leasing”. In addition, now is the time to prepare for the upcoming sowing season,” noted Erkebulan Zhumzhayev, Deputy Chairman of the Board of KazAgroFinance JSC.
Applications will begin on February 20 at 3:00 p.m. at the Telegram-bot link https://t.me/kaz_agro_finance_bot. After submitting an application, the client must submit a full package of documents to the branch of KazAgroFinance JSC within 5 business days.
Additional information on the terms of the program, as well as contact information for branches, is available on the website www.kaf.kz.

Source : https://www.gov.kz/memleket/entities/moa/press/news/details/942129