Grants of affordable animal feed loans provided to Kazakhstan's rural agriculturalists
The JSC "Agrarian Credit Corporation", a subsidiary of the Baiterek holding, is implementing a program of preferential lending for livestock fattening with government support. This initiative, aimed at providing financial assistance to agricultural producers, has seen significant growth since its inception.
As of the latest update, a total of 45 applications have been submitted for a combined total of 23.3 billion tenge under the program. Of these applications, 42 are for cattle fattening totalling 22.3 billion tenge, and 3 are for small cattle fattening totalling 950 million tenge.
The most active regions for this program are West Kazakhstan, Turkestan, Aktobe regions, and several other regions. However, the names of the companies participating in the livestock pilot program offered by JSC "Agrarian Credit Corporation" in these regions are not publicly disclosed.
To be eligible for this program, enterprises must be involved in cattle and small cattle fattening with the necessary production infrastructure. The borrower must maintain records of the receipt and disposal of animals in the ISJ and the Information Base of the Selection and Breeding Work. Livestock purchased under the program must be registered in the animal accounting information system and meet specific age and weight characteristics.
The program is designed to provide lending to agricultural producers for replenishing working capital. The main focus is on the purchase of cattle and small cattle, feed, fuel, spare parts for specialized equipment, and machinery for fattening farms. At least 70% of the loan amount under the program should be spent on purchasing cattle.
The interest rate for this program is 5% per annum, and funding is provided for up to 12 months. The total funding volume for 2025 is expected to be around 50 billion tenge. The Agrarian Credit Corporation is working on expanding financial instruments in the agro-industrial sector for sustainable livestock farming and food security.
For more information or to apply or get a consultation, contact the nearest regional branch of JSC "Agrarian Credit Corporation". Additional information can be found on the website www.agrocredit.kz or by calling 5353.
