“Agrarian Credit Corporation” JSC (ACC) will finance spring field and harvesting work on terms of 5% per annum for the final borrower, for a period of up to one year, and Damu JSC, within the framework of the same program, will provide guarantees in the amount 85% of the loan for farmers who do not have sufficient collateral,” indicates Baiterek report.
Baiterek JSC is launching a new preferential financing program worth T300 billion to support agricultural entities. The total volume of financing of sowing and harvesting works by the Baiterek holding in 2024, with the involvement of market and bank funds in the turnover, will reach T440 billion.
The new program will begin to operate on April 29, 2024.
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