THE «SYBAGA» PROGRAM

 

Characteristics of terms of credit

Terms of credit

Target group

Legal entities (including  ACC) and individuals (Peasant Agriculture, Farming Enterprise, Individual Entrepreneur), CU

 

Aim of the program

For legal entities and individuals (Peasant Agriculture, Farming Enterprise, Individual Entrepreneur):

-  Purchase of breeding stock cattle, including brood selected growing stock, and/or breeding stud bullsof meet or dairy and meet type;

-  Purchase and repair of fixed assets, financing of working capital

 

For CU:

-  Lending to CU for subsequent crediting of CU participants for purchase of breeding stock cattle, including brood selected growing stock, and/or breeding stud bullsof meet or dairy and meet type; purchase and repair of fixed assets, financing of working capital

 

Currency of the loan:

Tenge

 

Loan amount

for borrowers, excluding CU - from 10,000,000 tenge up to 25% of the equity capital of the Corporation

for CU - from 1 000 000 tenge up to 25% of the equity capital of the Corporation

Loan / credit line term

Up to 120 months

Interest rate for finances from Republican budget

-    for borrowers, excluding CU - 6% per annum (AERR - from 6% per annum)

-    for CU - 4% per annum (AERR - from 4% per annum)

Interest rate for finances from other sources

-    for borrowers, excluding CU - 15% per annum (AERR - from 15% per annum)

-    for CU - 9,5% per annum (AERR - from 9,5% per annum)

Repayment grace period  of PD

-    Purchase of stud bulls and fixed asset acquisition – up to 12 months from the issue of each tranche;

-    Purchase of seed stock of cattle including brood and selected growing stock – up to 30 months from the issue of each tranche;

-    Purchase and repair of fixed assets – up to 24 months from the issue of each tranche.

 

Repayment grace period  of fee:

-    Purchase of stud bulls and fixed asset acquisition – up to 12 months from the issue of each tranche;

-    - Purchase of seed stock of cattle including brood and selected growing stock and purchase and repair of fixed assets – up to 24 months from the issue of each tranche;

 

Collateral

In accordance with the Collateral policy

* Funds from the Republican budget are allocated for lending for the acquisition of a breeding stock.

 

  

 

 

 

Letter from the Kazakhstan Association of Appraisers

 

Apply for a loan on-line