"Kasipker" lending program

 

Parameters of lending terms

Lending terms for rural regions and small towns

 

Source

Funds of "Productive employment", "Employment Roadmap - 2020" programs.

Target group

IE, PF, FE, SEC

Program objective

business development

business development taking into account anchor cooperation

Designated purpose

organization and expansion of non-agricultural and agricultural businesses (except for purposes provided for by "Igilik", "Yeginzhai" programs)

purchase of machinery and/or equipment

Amount

Up to KZT 6 000 000 (six million)

Up to KZT 10 000 000 (ten million)

 

Parameters of lending terms

Lending terms for cities, monotowns

Source

Funds of "Productive employment", "Employment Roadmap-2020" programs.

raised commercial funds/own funds

Target group

IE, PF, FE, SEC

PF, FE, IE, legal entities

Program objective

business development

Designated purpose

organization and expansion of non-agricultural and agricultural businesses

Amount

- Up to KZT 20 000 000 (twenty million) in Nur-Sultan, Almaty, Shymkent, Aktau, Atyrau;

- Up to KZT 16 000 000 (sixteen million) in cities and monotowns (except Nur-Sultan, Almaty, Shymkent, Aktau, Atyrau)

- Up to KZT 20 000 000 (twenty million)

 

Parameters of lending terms

General conditions

Interest rate

- 6.0% per annum, annual effective interest rate  - maximum 6.7 % per annum

-16% per annum, annual effective interest rate - maximum  17.5% per annum

Term of credit line/loan

- not more than 60 (sixty) months;

- not more than 36 (thirty six) months - for working capital financing

Grace period for repayment of principal

not more than 12 (twelve) months

 

Grace period for repayment of interest

not more than 6 (six) months

 

Principal repayment pattern

- monthly/quarterly/once every six months, with an option to repay in part/in full during the loan term;

Interest repayment pattern

- monthly/quarterly, with an option to repay the accrued interest during the loan term for the period actually used

Method of repayment

annuity (repayment in equal installments) /differentiated (repayment of principal in equal installments)/provision of flexible schedule

Security

According to Company's сollateral policy