3.7 billion tenge allocated for the development of non-agricultural businesses in Mangistau

news-id-111205" style="display:inline;">According to the speaker, 1 billion 540 thousand tenge was allocated for the Agribusiness program, 796,940 tenge for the Agrarian Credit program, 850,000 tenge for the Isker project, and 815 million for the Youth Microcredit program. tenge. To date, 1.8 billion tenge of these funds have been disbursed.

– These programs are very effective for Mangistau residents. There are a number of conditions for access to credit funds. One of them is that at the time of applying for funding, citizens and all members of the farm must be between 21 and 35 years of age. In addition, if you are registered as an individual entrepreneur and apply to an attorney for a microcredit, the period of registration as an individual entrepreneur with the tax authorities must be less than five years. Before submitting an application, the absence of debts of the borrower to banks and financial organizations for the last two years is also considered. Citizens will spend credit funds in non-cash form, – said Marlen Nabiev.

Murat Baimagambetov, director of the Mangistau regional branch of Agrarian Credit Corporation JSC, informed citizens about the terms of the microcredit and the repayment period, and also spoke about the nominal remuneration rate.

– Microcredit is provided for up to seven years for livestock projects, up to five years for other areas. The size of the microcredit is up to 5 million tenge. At the same time, the nominal interest rate should not exceed 2.5 percent per annum. In addition, remuneration for livestock projects must be reimbursed monthly, quarterly, semi-annually and annually, depending on the line of business and business plan. And for other areas, it is important to pay monthly, quarterly, once every six months, once a year, – said Murat Baimagambetov.