Information for placement on a corporate portal of Kazagro Holding in the section "Priority Directions", new subsection:
"FINANCING of SPRING and FIELD WORKS of 2014"
On spring and field works of this year at the expense of all sources National management holding Kazagro is planned to direct to 61,6 billion tenge from which 40 billion tenge is the budgetary credit. In the current year funds for a sowing campaign will be given by holding subsidiaries on similar credit products of last year. Besides for the first time at the expense of the budgetary credit of "Kazagro" begins financing of spring and field works through banks of the second level. The new source of credit resources is started according to the Agrobusiness 2020 program for expansion of availability of financing for villagers. As a whole, the funds allocated by National holding for a sowing campaign, will allow to hold demanded agrotechnical events on the area of 6,1 million hectares.
At present active financing of a sowing campaign in the south of the republic and to the main the grain sowing regions of the North of the country goes the companies of Kazagro National holding. For example, in Agrarian credit corporation over 300 demands for 6,5 billion tenge arrived. From them 75 demands for the sum of 1,7 billion tenges are lent for today. In total in the current year within corporation programs to agrosector of the republic it is planned to send to 13 billion tenge.
The agrarian credit corporation the credits for carrying out spring and field and harvest works provides on a rate 5% per annum, for up to 01.12.2014г. under guarantees of banks of the second level, and also through system of credit associations on a remuneration rate to 9% per annum on the security of personal/real estate.
The Food Contract Corporation carries out financing of grain producers for spring and field works for total amount of 17,6 billion tenge, including - 3,6 billion tenge on purchase in state resources during the spring and summer period.
On forward purchase it is supposed to allocate 14 billion tenge of funds of the budgetary credit at the rate of 6 thousand tenges for 1 hectare of a cultivated area and with a condition of payment of the commission at the end of financing term of 5% per annum from the financing sum. According to decision of Food Contract Corporation, financing will be carried out according to the approved limits on areas. Purchase is made under guarantees of banks of the second level or social and enterprise corporations.
Statement. Limits on forward purchase:
Akmolinsky area – 4,28 billion tenge; Aktyubinsk – 490 million tenges; VKO - 490 million tenges; Karaganda – 670 million tenges; Kostanayskaya – 4,24 billion tenge; Pavlodar – 500 million tenges; SKO – 3,33 billion tenge.
The fund of financial support of agriculture at the expense of own means carries out financing of landowners according to the Eginzhay program. Besides the company within the program of crediting of the microcredit organizations (MKO) for the subsequent crediting cotton producers is conducted by financing at the expense of means of the budgetary credit of 2,1 billion tenge. By data for April 1 the
Fund from own means gave out 446,4 million tenges according to 114 demands. Now 173 more demands for 655,6 million tenges are approved. 62 demands are under consideration.
Conditions on programs е "Eginzhay": the maximum sum of a loan – 6 million tenges, a rate of remuneration of 9,5% per annum, crediting term on forage crops no more than 36 months, and on other cultures no more than 18 months.
Conditions through MKO: the maximum sum of a loan for MKO - 1 billion tenge, on the final borrower – 8000 MRP. Annual rate of remuneration – 4%, an effective rate of remuneration – 4,4% per annum for MKO, and 8% for the final borrower.
"Kazagrofinance" in 2014 will direct on acquisition by villagers of equipment to 6,9 billion tenge. Today in the company arrived demands for the sum more than 12,7 billion tenge. As a whole, within carrying out spring and field works of this year "Kazagrofinance" assumes to get more than 1000
units of various agricultural machinery and the hinged soil-cultivating equipment to it. In addition, the Kazagro subsidiary within the investment program carries out financing of production of forages. According to this direction 754,7 million tenges are already invested in agrosector of Kazakhstan.
Financing terms OF SPRING AND FIELD WORKS-2014
JSC FUND OF FINANCIAL SUPPORT OF AGRICULTURE:
FINANCING OF SPRING AND FIELD WORKS ON THE EGINZHAY PROGRAM
The subsidiary of the National managing holding Kazagro - JSC Fund of Financial Support of Agriculture according to the Eginzhay program began crediting of subjects of agrarian and industrial complex for carrying out spring and field and harvest works.
The program is realized since 2010 and is directed on support of farmer, country farms and the natural persons having small allotments. In four years by Fund of financial support of agriculture from own means is financed more than 1 thousand projects for the sum of 2,7 billion tenges. Besides, in 2012-13 through the Microcredit company "Yrys" on support of the agricultural producers who are growing up cotton, 1 billion tenge of the raised funds is directed.
Financing of subjects of agrarian and industrial complex is carried out with the following provisions: the loan sum - to 6 million tenges, an annual rate of remuneration – 9,5%, an effective rate of remuneration – no more than 10,2% per annum. Possibility of repayment of the credit is provided after realization of two crops that is very important for agricultural producers.
As a whole for spring and field works in 2014 Fund of financial support of agriculture it is planned to allocate 1,6 billion tenge.
JSC AGRARIAN CREDIT CORPORATION:
JSC Agrarian Credit Corporation accepts demands for financing of spring and field and harvest works.
On the obtained credits agricultural producers in due time will make necessary actions, such as: acquisition of fuels and lubricants; spare parts and materials for agricultural machinery repair; mineral fertilizers; means of protection of plants and other actions for crops and harvesting.
The credits for carrying out spring and field and harvest works it is possible to receive on a rate 5% per annum, for up to 01.12.2014г. under guarantees of banks of the second level, and also through system of credit associations on a remuneration rate to 9% per annum on the security of personal/real estate.
The Kazakhstan leasing company "Kazagrofinance" will direct 10,5 billion tenge on agricultural machinery acquisition to sowing works this year. It is about a third of the general plan on financing of purchase of equipment in 2014 which makes more than 31 billion tenge. Today on acquisition of tractors, seeders and other cars necessary for carrying out spring and field works, in "Kazagrofinance" demands from agroformations for total amount more than 8 billion tenge arrived.
On the basis of JSC Kazagromarketing the hot line works on financing of the spring and field works (SFW). Having called on uniform free number 8 800 080 70 80, farmers can learn about credit conditions of spring sowing through Kazagro Holding subsidiaries - JSC Agrarian Credit Corporation, JSC Fund of Financial Support of Agriculture, JSC Prodkorporation, and also conditions of acquisition of agricultural machinery for carrying out VPR through JSC Kazagrofinance.
Advantage of the line is that call center operators inform calling on distinctive features of each of programs of crediting and can recommend a suitable financial instrument.
Besides calling information on suppliers of the material resources necessary for carrying out spring and field works, including seeds, agrochemistry, equipment and the equipment, fuels and lubricants, etc. is provided.
Also according to sall-center number to farmers will provide scientific recommendations about carrying out the spring sowing, developed by scientists of domestic scientific research institutes in the plant growing sphere.
We will remind, the sall-center of JSC Kazagromarketing exists since 2008. Having called in JSC Kazagromarketing sall-center, agricultural producers can get advice in the directions of the state support of agro-industrial complex, preferential financing of agricultural production through subsidiaries of Kazagro Holding and help and contact information on producers and suppliers of material resources and services for agrarian and industrial complex.
Huge advantage of this line is possibility of free dialing from all mobile numbers regardless of the operator and stationary phones from any point of Kazakhstan. The line is created for increase in availability of information and consulting services for subjects of agrarian and industrial complex. From last year the sharp increase in quantity of arriving calls is observed. It is connected with expansion of measures of the state support realized by the Ministry of Agriculture and JSC NMH Kazagro, and also informing of farmers on sall-center services in various sources.
Consultations are conducted both on Kazakh, and in Russian.
Calls are received by operators of the sall-center on weekdays from 9.00 till 18.30 on time of Astana (a break from 13.00 till 14.30), in extra working hours opportunity to leave the question on an answering machine and to receive the return call of the consultant is given.
Call-center number - 8 800 080 70 80.
We will remind, this year on spring and field works at the expense of all sources National management Kazagro holding it is planned to direct to 61,6 billion tenge from which 40 billion tenge is the budgetary credit. In the current year funds for a sowing campaign will be given by holding subsidiaries on similar credit products of last year. Besides for the first time at the expense of the budgetary credit of "Kazagro" begins financing of spring and field works through banks of the second level. The new source of credit resources is started according to the Agrobusiness-2020 program for expansion of availability of financing for villagers. As a whole, the funds allocated by National holding for a sowing campaign, will allow to hold demanded agrotechnical events on the area of 6,1 million hectares.