From November 1, the ACC launches early financing of spring field and harvesting work in Kazakhstan

From November 1, 2024, ACC will begin accepting applications under the Ken Dala 2 program. From November, applications for the first 100 billion tenge will be accepted. “We are also maintaining state support measures, which will allow farmers to repay loans on the same terms,” said Almat Ashirbekov, Chairman of the Board of JSC Agrarian Credit Corporation (ACC). In 2024, ACC will allocate 320 billion tenge for spring field and harvesting work, which is significantly more than the 140 billion tenge allocated in previous years. As part of the implementation of the order of the President of the Republic of Kazakhstan and with the support of the Government, it is planned to allocate up to 700 billion tenge for VPRiUR in 2025, of which up to 560 billion tenge will be attracted from market sources of capital through JSC NMH Baiterek and ACC. Thus, thanks to government support measures, agricultural producers will be able to promptly receive financial assistance on favorable terms. In ...