Joint Stock Company "Agrarian Credit Corporation", a subsidiary of the national management holding "Baiterek", has opened credit lines to finance microfinance organizations (MFOs). Currently, the partners of the Agrarian Credit Corporation are 15 microfinance organizations created with the participation of the National Chamber of Entrepreneurs “Atameken” and local executive bodies. In turn, these financial organizations will begin to provide preferential loans to small businesses at a rate of 6 percent per annum. In his address to the people of Kazakhstan, President Kassym-Jomart Tokayev also pays special attention to the issue of considering state support mechanisms in turning agriculture into the main driving force of the national economy. In the strategic document, the head of state calls for enhancing the potential of microfinance organizations. Because these local financial institutions are well aware of their customers' capabilities. A simplified loan can be obtained by those who have completed training courses in the basics of entrepreneurship under government programs such as “Bastau Business”. - 22.5 billion tenge have been allocated to support their business initiatives within the framework of the Employment Road Map program. These funds are aimed at the development of entrepreneurs, representatives of small businesses, including family and social entrepreneurship. Financial support is provided in the form of a preferential loan with a reduced interest rate. The term for lending to projects in the livestock sector is 7 years, in other areas – 5 years,” says Aizhan Kenzhebaeva, Deputy Chairman of the Board of Agrarian Credit Corporation JSC. Thus, according to the instructions of the head of state, microcredit has become accessible. Most importantly, support measures provide ample opportunities for entrepreneurs who are just starting their business. To apply for a loan, an entrepreneur must have a certificate confirming that he has completed a course on the basics of entrepreneurship within the framework of the Bastau Business project or other government programs, and collateral. And only a participant who has successfully defended his business plan can apply for a loan from a microfinance organization. The maximum microloan amount for residents of rural settlements (regardless of their administrative subordination) and small towns is up to 2.5 thousand monthly calculation indices (7.2 million tenge); in cities, single-industry towns (except for Shymkent, Aktau, Atyrau) - equal to 6.5 thousand monthly calculation indices (18.9 million tenge). And in the cities of Shymkent, Aktau and Atyrau this figure is 23.3 million tenge. Now entrepreneurs have the opportunity to receive budget loans from microfinance organizations. Agricultural Credit Corporation JSC received applications from microfinance organizations totaling 4 billion 700 million tenge. To date, microloans totaling 2.6 billion tenge have been issued based on applications. By implementing this program, Agrarian Credit Corporation JSC is interested in providing affordable financing to small entrepreneurs. In turn, thanks to this type of support, the well-being of citizens in rural areas will increase and new production centers will open. New jobs will open and the service sector will develop. Sh. Kuzekbaev Source: aikyn.kz
Joint Stock Company "Agrarian Credit Corporation", a subsidiary of the national management holding "Baiterek", has opened credit lines to finance microfinance organizations (MFOs). Currently, the partners of the Agrarian Credit Corporation are 15 microfinance organizations created with the participation of the National Chamber of Entrepreneurs “Atameken” and local executive bodies. In turn, these financial organizations will begin to provide preferential loans to small businesses at a rate of 6 percent per annum. In his address to the people of Kazakhstan, President Kassym-Jomart Tokayev also pays special attention to the issue of considering state support mechanisms in turning agriculture into the main driving force of the national economy. In the strategic document, the head of state calls for enhancing the potential of microfinance organizations. Because these local financial institutions are well aware of their customers' capabilities. A simplified loan can be obtained by those who have completed training courses in the basics of entrepreneurship under government programs such as “Bastau Business”. - 22.5 billion tenge have been allocated to support their business initiatives within the framework of the Employment Road Map program. These funds are aimed at the development of entrepreneurs, representatives of small businesses, including family and social entrepreneurship. Financial support is provided in the form of a preferential loan with a reduced interest rate. The term for lending to projects in the livestock sector is 7 years, in other areas – 5 years,” says Aizhan Kenzhebaeva, Deputy Chairman of the Board of Agrarian Credit Corporation JSC. Thus, according to the instructions of the head of state, microcredit has become accessible. Most importantly, support measures provide ample opportunities for entrepreneurs who are just starting their business. To apply for a loan, an entrepreneur must have a certificate confirming that he has completed a course on the basics of entrepreneurship within the framework of the Bastau Business project or other government programs, and collateral. And only a participant who has successfully defended his business plan can apply for a loan from a microfinance organization. The maximum microloan amount for residents of rural settlements (regardless of their administrative subordination) and small towns is up to 2.5 thousand monthly calculation indices (7.2 million tenge); in cities, single-industry towns (except for Shymkent, Aktau, Atyrau) - equal to 6.5 thousand monthly calculation indices (18.9 million tenge). And in the cities of Shymkent, Aktau and Atyrau this figure is 23.3 million tenge. Now entrepreneurs have the opportunity to receive budget loans from microfinance organizations. Agricultural Credit Corporation JSC received applications from microfinance organizations totaling 4 billion 700 million tenge. To date, microloans totaling 2.6 billion tenge have been issued based on applications. By implementing this program, Agrarian Credit Corporation JSC is interested in providing affordable financing to small entrepreneurs. In turn, thanks to this type of support, the well-being of citizens in rural areas will increase and new production centers will open. New jobs will open and the service sector will develop. Sh. Kuzekbaev Source: aikyn.kz
23.12.2025 The Head of State Received Chairman of the Management Board of Baiterek National Investment Holding Rustam Karagoyshin
