Interest rate subsidizing by the Ministry of Agriculture
The program of subsidizing interest rates on loans to agribusiness entities
Reduce the interest rate
preferential loans
subsidy for the loan term
unlimited loan amount
About the Program
The Program is implemented by the Ministry of Agriculture and is aimed at increasing the availability of financial services to agribusiness entities.
The Program includes subsidizing interest rates:
- on loans for purchase/leasing of technological equipment,
- on loans for purchase of livestock,
- on leasing of agricultural machinery.
The purpose of the program is to increase the competitiveness of agribusiness, ensure maximum capacity utilization of processing enterprises, increase the share of processing agricultural raw materials, and increase the competitiveness of domestic products in the domestic and foreign markets.
Terms of the Program
| Target market | agribusiness entities |
| Loan currency | KZT |
| Loan amount | no limits |
| Intended use of loan* | 1. Working capital financing for the production process 2. Spring field and harvest 3. Investment for acquisition of:
|
| Conditions of subsidies |
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| Subsidy period | shall be set according to the rules of subsidy depending on the period of application |
* Except for: loans for the purchase of fixed assets for production of flour, mineral water and soft drinks
** Funds of the state budget or of the National Fund of the Republic of Kazakhstan are not considered as the source of loan financing