KazAgroFinance launches leasing of agricultural machinery without advance payment

KazAgroFinance JSC (part of the Baiterek NMH JSC group) presents a new leasing program for agricultural producers. New financing conditions provide for the possibility of purchasing agricultural and special equipment, as well as vehicles for transporting agricultural products without the need to make a down payment.

“2023 turned out to be a difficult year for farmers. Due to unfavorable weather conditions, the harvest was of poor quality, which significantly reduced income from product sales. Many agricultural producers have found themselves in difficult financial situations, having difficulty making initial lease payments. In this regard, we have developed a new program that provides the opportunity to purchase the necessary equipment without diverting funds for an advance,” said Aidar Prashev, Chairman of the Board of KazAgroFinance JSC.

Leasing terms:

  • advance – from 0%;
  • remuneration rate – 22.75% ( 6% including subsidies );
  • leasing term – up to 10 years;
  • financing limit – up to 370 million tenge.

In the framework of the program, equipment of Kazakhstan and foreign production is leased.

The program is aimed at ensuring food security in Kazakhstan and maintaining sustainable development of the agro-industrial complex. KazAgroFinance confirms its status as a reliable partner for Kazakh farmers, offering solutions that help increase productivity and strengthen the potential of the country's agricultural sector.

For more detailed information about the new leasing program and financing conditions, please contact the regional branches of KazAgroFinance JSC.

For reference: KazAgroFinance JSC (a subsidiary of Agrarian Credit Corporation JSC) is a financial institution that provides leasing services to agricultural producers for the purchase of agricultural equipment.

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