"KazAgro" started to accept applications for financing of spring sowing of 2015
"KazAgro" National management holding announces start of applications receipt from agricultural producers of the republic for financing of spring sowing and harvesting of 2015.
Applications receipt and further financing of agrotechnical actions from assets of budget loan is implementing by regional subdivisions of subsidiary companies of the Holding – Food contract corporation and Agrarian credit corporation, and second-tier banks – partners of the program. To carry out actions to support agribusiness complex entities it is planning to allocate "KazAgro" National management holding a budget loan in amount of 60 billion tenge.
"Food contract corporation" NC" JSC (Food corporation) in order to support agricultural producers started to receive application for forward purchasing of wheat through financing of sowing works.
Lists of agricultural producers participating in the program are formed by regional Coordination boards at Akimats of the regions.
"Agrarian credit corporation" JSC received applications for financing of purchasing of fuel, spare parts and materials to repair agricultural machines, mineral fertilizers, crop protection agents and other resources to sow and harvest yield.
The interested potential borrowers may receive information at corporate web-site of "Agrarian credit corporation" JSC www.agrocredit.kz, and on paper and electronic format in the Central office and in all regional branches of the Corporation.
Beside budget assets of ACC and Food corporation spring sowing of the current year will be supported from own assets of the Fund for financial support of agriculture within "Eginzhay" program.
To receive a loan under "Eginzhay" program it is necessary to address application for financing to regional branches of "Fund for financial support of agriculture" JSC located in regional centers, and in Astana, Almaty, Semey cities.
"KazAgro" National management holding" JSC implements the state policy on development of agribusiness complex of Kazakhstan by means of providing effective management of investment assets of companies included into its structure.
The Holding includes "Food contract corporation" National company" JSC, "KazAgroProduct" JSC, "KazAgroFinance" JSC, "Agrarian credit corporation" JSC, "Fund for financial support of agriculture" JSC, "KazAgroGarant" JSC and "Kazagromarketing" JSC.