More than 7 thousand customers use the services of "KazAgroFinance"

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Over 7 thousand customers use the services of KazAgroFinance

The share of KazAgroFinance in the agro-industrial complex market of Kazakhstan is 90%.

To date, KazAgroFinance provides assistance in updating agricultural machinery to more than 7 thousand farmers from all over the country. For the convenience of customers, an extensive regional network with 14 branches has been deployed. The company's loan portfolio amounts to KZT 251 billion.
 
For 19 years of activity, KazAgroFinance has firmly established itself in the agricultural market of Kazakhstan and continues to develop. The plans to move the organization forward for 2017-2026 provide for three strategic directions. The main purpose of the company, of course, is to promote the renewal of agricultural machinery. 

As of July 1 of this year, for spring field work, its representatives concluded 798 financial leasing agreements with agricultural producers for a total amount of 10.7 billion tenge. KazAgroFinance supplies farmers with tractors, sowing complexes and other equipment from Kazakhstani and foreign manufacturers. By the end of 2019, it is planned to additionally lease agricultural machinery in the amount of 54.3 billion tenge. From 2000 to 2019, about 46 thousand units of equipment were transferred, which processes 10 million hectares of cultivated land.

This is one of the most important strategic directions of the organization's activities. Six special financing programs have been developed for the convenience of customers. It is possible to arrange agricultural machinery at a low rate, without proof of income, leasing without advance payment, the direction of production of own feed deserves special attention.
 
Continuous improvement and development of leasing services is evident – according to the monitoring conducted by the company, according to the latest data, the customer satisfaction level is 74.3%. KazAgroFinance has a goal to increase the loyalty of existing customers and attract new ones, which will increase the number of consumers by 1.5 times by 2026.  

The company is also developing such a line of activity as increasing investment attractiveness. There are plans to increase the long-term shareholder value of KazAgroFinance by increasing the profitability of its activities while maintaining an acceptable level of risk. 

Today, the organization finances 464 projects. In general, 747.6 billion tenge has been invested in the agro-industrial complex of the country, of which 30% are state funds, 70% are extra-budgetary. The sources of financing are own funds and attracted loans. In 2017, the company's equity was equal to 102.8 billion tenge. In 2018, it increased to 105.8 billion tenge. The company's assets increased by 6%. Last year, compared to 2017, they amounted to 299.5 billion tenge. It is impossible not to mention the investments. Over the year, they increased by 63% - from 44.7 billion to 72.7 billion tenge. Thus, net income increased by almost 90% last year and amounted to 6.7 billion tenge
Among the investment projects of KazAgroFinance are reproductors, irrigation systems, vegetable storages, feed production, greenhouses, poultry farms, gardens, fishing complexes, etc. 

The last area of activity is corporate development. To date, the level of corporate governance has been implemented by 85%. KazAgroFinance plans to improve the system and bring the corporate governance rating to 91.5% by 2026.

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