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Algorithm for consideration of applications from agricultural producers within the framework of the «Sybaga» program after the submission of the full package of documents

Name of the stage

Deadlines,

working days *

1

Verification of the completeness of documents, establishment in the system

1

2

Visit to the place of business and valuation of collateral

3

3

Expertise of structural subdivisions:

3

Legal examination on the pledge

Economic analysis

Examination of PD

Expertise of the SB

4

Meeting of the branch credit committee

1

5

Preparation of contracts (loan, pledge)

2

6

Signing, registration of pledge contracts

Not controlled

7

Issue of a loan to a current account

1

 

Total:

11

8

With the participation of the DRM (if the amount exceeds 13 million tenge)

3

 

Total:

14

 

Requirements to the borrower

* Excluding the completion of the project by the Borrower (elimination of legal notes, comments on pledges, financial documents), without considering the terms of registration of pledge agreements with the authorized body.

  1. absence of debt in arrears in taxes and other mandatory payments to the budget as of the date of filing or considering the application for crediting;
  2. absence of overdue debt to STB and other financial institutions on the last reporting date (current application month);
  3. credit history, admissible to crediting (in the presence of a credit history);
  4. availability of pasture areas at the rate of at least 3 hectares per 1 head of cattle, at least 0.5 hectares per 1 head of small cattle. The standard may increase depending on the region, type of pasture, natural-landscape and natural-climatic conditions;
  5. availability of necessary infrastructure and feed for keeping animals in the winter-stall period (enclosure with wind protection, structure/ construction/placement/shippen and feeders, provision of water for animal feeding, confirmation of own feed base or contract of intention to supply fodder with operating enterprises)
  6. availability of veterinary and sanitary well-being in the rural district where business is planned to be implemented (pastures, infrastructure for keeping animals in the winter-stall period);
  7. taking of training, with the exception of those who expand the existing business, or persons who have a business in progress, or who have previously undergone entrepreneurial training, or those who have supporting documents on the passage of the relevant training courses in the basics of entrepreneurship for no more than two years preceding the loan;
  8. availability of a contract for the delivery of the obtained litter of cattle with a certified feeding site, the obtained litter of the small cattle with an export-oriented processing enterprise or the feedlot of the small cattle, the obligation to sell the obtained litter of cattle to certified feedlot sites, small cattle -export-oriented processing enterprises or fattening site (indicated in the loan agreement for the entire validity period, with the right of the creditor to cancel the accrual of interest at a reduced rate and accrued to pay compensation at the market rate in case of non-fulfillment of this condition);
  9. availability in the ownership or lease of breeding bulls (for cattle), breeding sheep-producers (for small cattle) at the rate of 1 producer for 15-25 heads of broodstock.
  10. the age of the acquired brood stock: cattle from 8 to 48 months, ewes (yarochki) - from 12 to 36 months inclusive; identification of acquired cattle according to the Rules for identification of farm animals, registration in the IAS system;
  11. the amount of funding should not exceed:
  • for one head of the breeding stock:
    • Cattle - not more than 625 000 tenge;
    • Small cattle - not more than 30 000 tenge;
  • on agricultural machinery, machinery, equipment (tractor up to 90 h.p., mower, rake/swath, press-picker, feeder, machine for fixing cattle) - not more than 15 million tenge;
  1.  obligation on sending 100% of all received investment subsidies for partially early repayment of the credit line/loan for equipment and equipment and an obligation to send 100% of all subsidies received for the acquisition of cattle for early repayment of the credit line (indicated in the loan contract).

 

Lending conditions

Target group

PF, FE, legal entities

Purpose of the program

Ensuring the increase in the number of cattle of meat direction

Ensuring an increase in the number of small cattle

Targeted purpose

- acquisition of breeding stock for cattle for the reproduction of young beef;

 

- acquisition of fixed assets; *

 

- Replenishment of working capital

- acquisition of livestock of SC;

- acquisition of machinery, equipment and other fixed assets;

- Replenishment of working capital

Amount

Up to 70 million (seventeen million) tenge

Up to 30 million (thirty million) tenge

Term of credit line/credit

- for acquisition of  cattle - no more than 180 (one hundred and eighty) months

– for acquisition of machinery and equipment - no more than 180 (one hundred and eighty) months

no more than 120 (one hundred twenty) months

Interest rate

from 4.0% per annum, annual effective interest rate from 4.1% *

Source

Funds of the program "Productive employment", own funds of FFSA

The grace period for the repayment of ML and remuneration

no more than 30 (thirty) months

Periodicity of ML and remuneration repayment

1 (once) a year, in December, after the grace period

with the possibility of partial / full early repayment during the crediting period, or otherwise - at the request of the borrower

Repayment method

Annuity (with maturity equal payments) / differentiated (with repayment of principal debt in equal shares) / provision of flexible schedule - at the request of the borrower

Provision

- 25% of the total amount of the loan received - in the form of immovable/movable property, including land, houses, farms, pedigree/thoroughbred cattle and other;

- All acquired fixed assets: machinery and equipment, breeding/thoroughbred cattle;

Special conditions

1. Obligation on sale the received bull-calves to certified feeding grounds during the whole term of the credit line;

2. Obligation to send 100% of all received investment grants for early repayment of a credit line for machinery and equipment


* Within the framework of the program, it is possible subsidization of the interest rate in the amount of up to 10.0% per annum for the acquisition of the breeding stock of cattle, small cattle, agricultural machinery and equipment.

The marginal interest rate is 14,0% per annum, the annual effective interest rate is not more than 16.4% per annum, excluding subsidies.

 

List of documents for obtaining a loan

1

Application for obtaining loan/financing

original

2

Customer questionnaire

original

3

Identity document (ID card, passport)

original

4

Address reference

printout from e-gov or PSC

5

Certificates from the servicing bank on the presence/ absence of arrears to STBs, as well as arrests on the card file №2 (only for LLP, PI, PE, FH). The period of validity of the certificate is not more than 2 months before the date of application for a loan

original

6

Legal documents with indication of BIN/IIN

original/

printout from e-gov or PSC

7

A card with specimen signatures and an imprint of the seal (if available)

original

8

Certificate of absence (presence) of the borrower's tax debt, arrears of compulsory pension contributions and social deductions and (or) reconciliation certificate issued by tax authorities confirming the absence (presence) of the borrower's debts under taxes and other mandatory payments to the budget, up to the date consideration of the application for crediting by the authorized body of the Company (only for LLP, PI, PE, FH). The period of validity of the certificate is not more than 2 months before the date of application for a loan

original/

electronic certificate

9

Consent to receive an extract from the individual pension account of the EPPF

original

10

The consent of the subject of credit history to provide information about him to the credit bureau, as well as to issue a credit report to the recipient of the credit report, the subject's consent to provide and receive information, information on the loan issued and all information on performance/default on the loan agreement - in State (including law enforcement)/non-state bodies, mass media, as well as "National Managing Holding "KazAgro" JSC and its subsidiary organizations

original

11

Decision of the authorized body of PFE, LLP on approval of the transaction for obtaining a loan, transfer of property with the right to its extrajudicial implementation (protocol of the general meeting/decision of the sole participant, the consent of the spouses).

original

12

Identity card of members of PFE

copy

13

Documents on collateral security

original

 

Confirmation of the intended use of funds

Title of the document

Note

Purchase and sale contracts

Original

Acceptance-transfer act

Original

Tribal certificates / certificates of thoroughbredness, issued by the Republican Chamber,

Technical passport or other documents of title to the equipment

Original

Certificates from ILI, IAS

Original

Payment orders

Original

Invoices

Original

Extract from the account of STB

Original

 

Confirmation of pledging

Name of the document

Note

The pledge contracts with the mark of the registering authority

Original

Certificate from egov/PSC on imposition of encumbrance on movable/immovable property

Original