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ACC presented its programs to the participants of the Tukym-2023 conference

The Agricultural Credit Corporation provides agricultural producers with a range of credit products. Including a program for financing agricultural producers for spring field and harvesting work. This year the state has doubled the amount allocated for these purposes. 140 billion tenge were allocated under the Ken Dala program to support domestic plant growers.

Aset Sadvakasov, director of the lending department of Agrarian Credit Corporation JSC, spoke about this during the II Kazakhstan Contracting Conference “Seed Day “Tukym-2023”. According to him, in 2022, under the Ken Dala program, 117 billion tenge were allocated to support plant growers, with the help of which 5.2 million hectares of land were cultivated.

Under the program, farmers can receive loans in the amount of one million to five billion tenge per borrower, up to 10 billion tenge for a group of borrowers or a credit partnership. The loan term is until December 1 of the corresponding year of financing, the interest rate is 1.5% per annum, the annual effective interest rate is from 1.5% per annum.

Let us remind you that the Conference-Contract “Seed Day “Tukym-2023” was held on November 24-25, 2022 in Astana. Its goal is to provide domestic agricultural producers and seed companies with up-to-date information for preparing, planning and purchasing the best seeds and fertilizers for next year’s spring field work.


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