On Monday, August 12, KazAgroFinance will begin accepting applications for three agricultural machinery leasing programs: "Made in Kazakhstan", "Our Own Feed" and "Preferential Leasing 6%". This was reported by the company's press service.
11.8 billion tenge have been allocated to finance farmers under these three programs, including 3.3 billion tenge for "Our Own Feed", 5.5 billion tenge for "Made in Kazakhstan", and 3 billion tenge for "Preferential Leasing 6%". Applications will be accepted via a Telegram bot.
The "Made in Kazakhstan" program provides for the leasing of mounted, trailed and self-propelled agricultural machinery, domestically produced/assembled vehicles at a rate of 6% per annum for up to 10 years. The advance payment is from 15% of the value of the leased item.
The program "Svoi Korma" is aimed at financing forage harvesting equipment and mobile irrigation systems. The rate is 6% per annum, the term is up to 10 years, the advance payment is not less than 15%, while a deferment of the advance payment is provided.
"Preferential leasing 6%" provides for the purchase of self-propelled agricultural machinery of domestic production/assembly on preferential terms without an advance payment for a period of up to 10 years.
"The programs provide an opportunity for farmers and agricultural enterprises to purchase new equipment at a preferential rate, significantly lower than the market rate. It will be possible to lease a wide range of agricultural machinery, including tractors, combines and special equipment," said Aidar Prashev, Chairman of the Board of JSC "KazAgroFinance".