The Department of Agriculture of the Zhetisu region informs about the extension of the deadline for accepting documents until May 15 this year within the framework of the Rules for crediting projects in the field of agro-industrial complex, approved by Order No. 322 of the Minister of Agriculture of the Republic of Kazakhstan dated August 31, 2023
Loans are provided to applicants to create new or expand existing projects in the field of agriculture in compliance with the principles of urgency, payment, repayment, security, and targeted use.
Loan terms and conditions:
The loan term is up to 10 (ten) years;
The maximum loan amount is no more than 5 (five) billion tenge;
The nominal interest rate is no more than 2.5 (two and a half) percent per annum;
The purpose of the loan is the implementation of projects in the field of agriculture aimed at creating new or expanding existing ones:
1) dairy farms (capacity from 400 heads)
2) poultry farms of meat production (from 5000 tons of poultry meat per year)
3) vegetable storages (from 1000 tons)
4) irrigated agriculture (potatoes and vegetables, forage production) using modern water-saving technologies (sprinkling, drip irrigation).
Availability of collateral covering the Borrower’s obligations to repay the loan and remuneration for the grace period of the loan. The amount of liquid collateral must be at least 70% of the loan amount. The collateral value of the property offered as collateral is determined using liquidity ratios.
The grace period for repayment of the principal is no more than 24 (twenty-four) months.
Financing of construction and installation works is not allowed from the loan funds.
Requirements for potential borrowers
1) have legal capacity (for legal entities), civil legal capacity (for individuals);
2) not be subject to bankruptcy or liquidation proceedings;
3) work experience of at least 5 (five) years in the field of production and (or) processing of agricultural products;
4) the absence of overdue debts for more than 90 (ninety) days on credit and leasing obligations;
5) the absence of tax arrears of the taxpayer, arrears on mandatory pension contributions and social contributions;
6) be financially stable;
7) availability of the necessary area of agricultural land for the formation of a solid forage base, material and technical equipment of the agricultural machinery park;
8) Allocation of state support funds (subsidies) for partial early repayment of the loan.
Additional requirements for the implementation of projects (for the creation, expansion and/or modernization of dairy farms, meat poultry farms, vegetable storages):
The availability of existing facilities (for expansion and/or modernization) or the availability of a land plot with the necessary infrastructure for the construction of a new facility (with the appropriate purpose) and a PSD with expertise (during the construction of a new facility, expansion and/or modernization, if necessary);
For MTF – availability of agricultural land to provide MTF with a fodder base (at the rate of 1 ha of land (arable land, irrigation) per 1 head of cattle)
- for leased lands, the remaining lease term must exceed the loan term.
List of documents provided by potential borrowers
The list of documents required for the analysis of the project for legal entities established in the form of a limited liability partnership
Application for a loan in any form;
The decision of the founders / founder in order to implement the project and/or to raise borrowed funds for the implementation of the project and to provide collateral with the right to out-of-court implementation;
A copy of the head’s identity card (for foreign citizens or stateless persons – a copy of the passport with registration with the Migration police, or a copy of the residence permit);
The decision of the Applicant’s authorized body on the appointment (election) of the first head;
The order on the appointment of the first head of the Applicant to the position (indicating the date of taking office);
Power of attorney for persons who have the right to sign documents related to financing and/or have the right to make decisions on the administrative and economic activities of a legal entity;
A copy of the Charter;
A copy of the Founding Agreement (if any);
A copy of the Certificate of State registration of the Applicant legal entity;
A certificate from the servicing banks on the absence of loans and overdue loans and other unfulfilled requirements, as of the date of application;
A certificate from the servicing banks with a printout of account turnover for the last 12 months;
Credit history for the last three years, copies of existing loan agreements, collateral agreements, payment schedules;
Confirmation of the absence (presence) of the Applicant’s debts on mandatory payments to the budget, as of no earlier than 1 month before the date of filing the application;
A copy of the tax returns in the form 100.00 and 910.00 with appendices and a mark of the tax authority on acceptance for the last 12 months;
Management balance sheet for the last 3 years;
Transcripts to the balances:
Accounts payable (dates of formation, repayment, reasons for formation);
Accounts receivable (dates of formation, repayment, reasons for formation);
Fixed assets (cost, depreciation);
Inventories (balances, breakdown by product type).
Profit and Loss statement (attached to each balance sheet provided);
Cash flow statement (attached to each balance sheet provided);
Certificate of the presence/absence of real estate;
Business plan;
Licenses for the relevant type of activity (electronic document or notarized copy for licensed types of activities);
Reports on the valuation of property provided as collateral (for a period of no more than 1 month before the application date);
Certificate of absence of encumbrances on the proposed assets;
Copies of title, title and technical documents for the proposed assets, including:
for land plots on which construction is planned (act on the right of private ownership/ paid land use, purchase and sale/lease agreement, documents confirming the purchase/redemption of land / land use rights in ownership);
buildings and structures located at the site of the project (documents confirming the emergence of ownership of real estate);
for movable property (documents confirming the emergence of ownership rights);
Information from the MIO about crops for the last 3 years;
Information on the availability of farm animals;
Commercial offers (at least two commercial offers) for purchased equipment, cattle, machinery, etc.
The above documents are provided for related companies and financial partner companies, if any;
If necessary, other documents may be requested.
The list of documents required for the analysis of the project for peasant and farm enterprises
A copy of the identity card of all members of a peasant or farm (for foreign citizens or stateless persons – a copy of the passport with registration with the Migration police, or a copy of the residence permit);
Certificate of registration of a peasant farm (hereinafter referred to as KX);
Information about the members of the KX;
Confirmation of the absence (presence) of debts of the Initiator of the project (Applicant) for mandatory payments to the budget, as of no earlier than 1 month before the date of submission of the application;
A certificate from the statistical office in the form 4-cx, 29-cx on the yield and area of cultivated land for the last 3 years;
A copy of the tax returns on form 920.00 with appendices and a mark of the tax authority on acceptance for the last 12 months;
A certificate from the servicing banks on the absence of loans and overdue loans and other unfulfilled requirements, as of the date of application;
A certificate from the servicing banks with a printout of account turnover for the last 12 months;
Credit history for the last three years, copies of existing loan agreements, collateral agreements, payment schedules;
Certificate of the presence/absence of real estate;
Business plan;
Reports on the valuation of property provided as collateral (for a period of no more than 1 month before the application date);
Certificate of absence of encumbrances on the proposed assets;
Copies of title, title and technical documents for the proposed assets, including:
on the land plots on which construction is planned (an act on the right of private ownership /paid land use, a contract of sale/lease, documents confirming the purchase/redemption of a land plot / land use rights in ownership);
buildings and structures located at the site of the project (documents confirming the emergence of ownership of real estate);
for movable property (documents confirming the emergence of ownership rights);
Information from the MIO about crops for the last 3 years;
Information on the availability of farm animals;
Commercial offers (at least two commercial offers) for purchased equipment, cattle, machinery, etc.
The above documents are provided for related companies and financial partner companies, if any;
If necessary, other documents may be requested.
The list of documents required for the analysis of the project, for individual entrepreneurs.
A copy of the identity card of the individual entrepreneur (hereinafter referred to as the sole proprietor);
A copy of the spouse’s identity card(s) marriage certificate;
Certificate of registration of an individual entrepreneur;
Confirmation of the absence (presence) of debts of the Initiator of the project (Applicant) for mandatory payments to the budget, as of no earlier than 1 month before the date of submission of the application;
A copy of the tax returns on form 910.00 with appendices and a mark of the tax authority on acceptance for the last 12 months;
Primary documentation confirming income accounting (if available);
A certificate from the servicing banks on the absence of loans and overdue loans and other unfulfilled requirements, as of the date of application;
A certificate from the servicing banks with a printout of account turnover for the last 12 months;
Credit history for the last three years, copies of existing loan agreements, collateral agreements, payment schedules;
Business plan/feasibility study;
Licenses for the relevant type of activity (electronic document or notarized copy for licensed types of activities);
Reports on the valuation of property provided as collateral (for a period of no more than 1 month before the application date);
Certificate of absence of encumbrances on the proposed assets;
Copies of title, title and technical documents for the proposed assets, including:
on the land plots on which construction is planned (an act on the right of private ownership /paid land use, a contract of sale/lease, documents confirming the purchase/redemption of a land plot / land use rights in ownership);
buildings and structures located at the site of the project (documents confirming the emergence of ownership of real estate);
for movable property (documents confirming the emergence of ownership rights);
Information from the MIO about crops for the last 3 years;
Information on the availability of farm animals;
Commercial offers (at least two commercial offers) for purchased equipment, cattle, machinery, etc.
The above documents are provided for related companies and financial partner companies, if any;
If necessary, other documents may be requested
