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East Kazakhstan region farmers consider Sybaga the most timely and profitable program

This year, as part of the implementation of the Sybaga program, it is planned to import 10,000 heads of breeding cattle into the East Kazakhstan region, says Kirill Zhunusov, director of the branch of Agrarian Credit Corporation JSC in the East Kazakhstan region. Financing for the purchase of cattle is carried out through our partners in the form of credit partnerships, which are located in the regional centers of our region and currently number 17 units, as well as through JSC “FFPSH”. Credit partnerships have applications for the purchase of imported breeding stock of cattle in the amount of 3,400 heads, and the branch, together with credit partnerships, is actively working to finance them. The target audience is both beginning farmers and those with experience in the field of livestock farming, while one of the key criteria is the availability of the necessary infrastructure for the development of livestock farming and the availability of a feed supply. It should be noted that there are long financing terms of up to 15 years, a low interest rate of 4% per annum taking into account subsidies, a grace period for debt repayment of up to 30 months, flexible requirements for loan collateral up to 75% of which is the purchased livestock itself. If necessary, additional loans are provided for the purchase of agricultural machinery and equipment. The loan product is in good demand among entrepreneurs involved in the livestock industry, and to date we have already issued loans for the import of 846 head of breeding breeding cattle, summarizes Kirill Zhunusov.

One of the many farmers who applied for funding is the Aikhanym farm located in the rural district of Ekpin, Tarbagatai district of the East Kazakhstan region.

In 2015, the head of the Aikhanym peasant farm, Sabyrzhan Oralbaev, sought advice on obtaining a loan for the development of livestock farming from the Barkhytbel Nesie Credit Partnership of the Tarbagatai district.

“The chairman of the credit partnership, Sayat Saduanov, recommended that I get a loan under the Sybaga program for the purchase of breeding stock of cattle and a breeding bull,” says Sabyrzhan Oralbaev. After discussing it at the family council, we decided to join a credit partnership and apply for a loan. After some time, we received our first small loan at 6% per annum for the development of cattle breeding in the amount of 4,500,000 tenge. We started with 15 head of our own heifers and 24 purchased with loan funds. To date, the first loan has been almost completely repaid, and the farm has achieved tangible success in a short period of time; the total number of breeding cattle has reached 70 head. To improve the productive data of animals, breeding bulls are used in the herd. The state has allocated us land with a total area of ​​1950 hectares, including 200 hectares of arable land. This year, having learned that the Sybaga program was working again, we hurried to find out the terms of financing and then immediately began collecting documents to attract a loan for the purchase of 100 heads of breeding cattle. It should be noted that the loan was approved for us, we plan to bring cattle from Russia; we have already concluded an agreement for the supply of breeding cattle of the Kazakh white-headed breed. Just the other day we completed the reconstruction of the winter quarters and expanded the area to 600 square meters. meters as we plan to increase our herd.

The chairman of CT “Barkhytbel Nesie” Saduanov Sayat Tursynovich himself expressed his opinion - In general, I would like to note that the “Sybaga” program is very relevant, timely and has no alternative today for entrepreneurs engaged in rural business. Very flexible conditions for collateral, the rate is only 4%, it is also encouraging that loans are issued to feedlots with whom we enter into agreements for the sale of young animals, i.e. sales are ensured and there will be no need, as before, to sell calves after weaning to resellers. The Tarbagatai district of East Kazakhstan region, where our credit partnership is located, is largely a livestock-raising area and one of the most active small businesses in rural areas in the field of livestock farming. This year alone, under the Sybaga program, farmers from the Tarbagatai region submitted applications for the purchase of imported breeding cattle in the amount of 1,460 heads, and I think this is only the beginning, since many farmers apply to this day.