Successful start of the Preferential Leasing Program from KazAgroFinance JSC

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Successful start of the Preferential Leasing Program from KazAgroFinance JSC

Acceptance of applications for participation in the Program of preferential leasing of agricultural machinery of domestic production at the expense of JSC "Zhasyl-Damu" (the operator of the ROP) started on August 5, 2022. To implement the preferential leasing program, 40 billion tenge is allocated for the purchase of about a thousand units of self-propelled agricultural machinery of domestic production.

To date, KazAgroFinance JSC has already received 113 applications from agricultural producers from 11 regions of Kazakhstan in the amount of 9.3 billion tenge for the purchase of 93 tractors and 52 domestic-made combines.

Program conditions:

  1. lease term – up to 10 years;
  2. interest rate - 6% per annum;
  3. initial payment (advance payment) for leasing - 0%;
  4. the grace period for repayment of the principal debt is 1 year.
The preferential Program is designed for small and medium-sized agricultural enterprises, therefore, the Program sets a limit for one lessee of equipment - no more than 205 million tenge and no more than three units of self-propelled agricultural machinery per lessee. Financing per equipment lessee is provided no more than once in a two-year period.

The first agricultural machinery under the Preferential Leasing Program is planned to be issued on August 17, 2022 in the Kostanay region. The transfer of equipment will take place at 11.00 at the address: Kostanay, st. Promyshlennaya 41, Localization Center of AgromashHolding KZ JSC.

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