Link to the website of the Agrarian Credit Corporation of Kazakhstan: https://agrocredit.kz/ru/
Call Center of the Agrarian Credit Corporation - 1408
The «Ken Dala 2» Program is implemented in the Republic of Kazakhstan and is aimed at providing preferential financing to agribusiness entities for spring fieldwork and harvesting operations.
The Program provides for:
- financing of agribusiness entities (hereinafter referred to as agribusiness entities or end borrowers) to replenish working capital for spring fieldwork and harvesting operations in 2026 (excluding winter crops);
- financing of end borrowers — processing enterprises — to replenish working capital for the subsequent financing of agricultural producers — agribusiness entities — by providing advance payments for the purchase of crop products for spring fieldwork and harvesting operations in 2026 (excluding winter crops).
Guarantee
In order to expand access to financing, JSC «Damu Entrepreneurship Development Fund» (hereinafter referred to as JSC «DAMU«) provides guarantees covering up to 85% of the loan amount in the event of insufficient collateral.
The maximum loan amount for which a guarantee may be provided by JSC «DAMU» is up to KZT 1,500,000,000 (one billion five hundred million tenge).
Loan security shall be provided as follows:
- collateral amounting to at least 15% of the loan amount and meeting the requirements of JSC «SEC «KOKSHE«;
- or 100% collateral coverage with property.
Main terms of the Program:
- interest rate - 5% per annum;
- loan term - until February 1, 2027.
Repayment schedule:
principal:
- 50% - by November 10, 2026;
- 50% - by February 1, 2027;
interest:
- 50% - by November 10, 2026;
- 50% - by February 1, 2027.
Requirements for borrowers:
- at least 3 years of experience in the industry;
- availability of cultivated land (owned or leased);
- no overdue loan payments during the past 24 months;
- no status as a distressed borrower.
For any questions, please contact us by phone: 8 (7162) 91-16-24.
Lending Terms under the «Ken Dala 2» Program
| Appendix No. 1 | |
| to the Lending Terms under the «Ken Dala 2» Program | |
| List of expenses confirming the intended use of funds for spring fieldwork and harvesting operations (hereinafter referred to as SFHO) under the «Ken Dala 2» Program | |
| 1 | Purchase of fuels and lubricants; |
| 2 | Purchase of seeds; |
| 3 | Pesticides/herbicides; |
| 4 | Mineral fertilizers; |
| 5 | Fitting, repair and construction tools used for the machinery and tractor fleet during spring fieldwork and harvesting operations; |
| 6 | Occupational health and safety materials for employees involved in agricultural crop production; |
| 7 | Household supplies and equipment used during spring fieldwork and harvesting operations; |
| 8 | Food products for employees involved in agricultural crop production; |
| 9 | Spare parts and components for agricultural machinery and operating mechanisms; |
| 10 | Rental of machinery, including financial leasing, rental of warehouse premises, railway wagons and railway tracks; |
| 11 | Grain elevator services; |
| 12 | Crop production insurance; |
| 13 | Chemical weed control; |
| 14 | Agricultural machinery repair services, including repair of attachments for self-propelled tractors, assemblies and units (repair of electric motors, agricultural implements, etc.); |
| 15 | Diesel fuel storage; |
| 16 | Transportation services for inventory and materials; |
| 17 | Seed inspection services; |
| 18 | Inspection and verification of vehicle scales and road tankers; |
| 19 | Medical and preventive examination services for personnel involved in spring fieldwork and harvesting operations; |
| 20 | Services related to the disposal of pesticide containers; |
| 21 | Crane services and site cleaning; |
| 22 | Development of an environmental passport, preparation of inter-farm land management projects for the establishment of new and reorganization of existing land-use arrangements, and development of environmental emission standards; |
| 23 | Grain certification services; |
| 24 | Payroll expenses (including alimony payments), taxes and social contributions, as well as taxes and other mandatory payments to the state budget for the current and previous year; |
| 25 | Work in progress from the previous year (fallow land); |
| 26 | Repayment of accounts payable for the above-mentioned inventories and services related to the financed agricultural cycle; |
| 27 | Water supply expenses for irrigation; |
| 28 | Business travel expenses of employees involved in agricultural production during spring fieldwork and harvesting operations; |
| 29 | Telematics services (navigation setup, GPS, GLONASS, remote control and maintenance), and payment for software for self-propelled machinery; |
| 30 | Electrical equipment, as well as electrical installation and repair works for main and auxiliary equipment (pumping stations, vehicle scales, etc.) used during spring fieldwork and harvesting operations; |
| List of required documents for consideration of applications from legal entities | ||
| No. | Documents | Form |
| 1 | Application for Financing | original, completed at JSC SEC KOKSHE |
| Notification under the Criminal Code of the Republic of Kazakhstan | ||
| AML/CFT Questionnaire, legal entity/individual | ||
| Consent of the credit history subject to the issuance of a credit report to the recipient of the credit report, legal entity/individual | ||
| Consent of the credit history subject to the provision of information about them to credit bureaus, legal entity/individual | ||
| Consent of the subject to the provision and receipt of information, including information on the microloan issued and all information on the performance/non-performance of obligations under the loan agreement, to state (including law enforcement) / non-state authorities, mass media, legal entities/individuals |
||
| Consent to the collection, processing, storage and distribution of personal data, legal entity/individual | ||
| 2 | 1. Identity documents of the chief executive officer, chief accountant, pledgor and the pledgor's spouse, founders; marriage certificates of the executives; notarized signature specimen cards of the chief executive officer and chief accountant, and seal specimen | original/ copy |
| 2. Certificate of state registration (re-registration) of the legal entity | ||
| 3. Charter and Foundation Agreement with all amendments and additions: - for JSCs and LLPs whose register of participants is maintained by a registrar, the following must additionally be provided: an extract from the securities holders' register system indicating all shareholders and the number of shares held by them, dated no earlier than 1 (one) month prior to the application date. |
||
| 4. Resolution of the general meeting of founders/sole participant on the election/appointment of the chief executive officer | ||
| 5. Orders on the appointment of the chief executive officer and chief accountant | ||
| 6. Resolution of the Applicant's authorized body (general meeting of shareholders/board of directors/management board and/or founders/founder) on applying to JSC «SEC «KOKSHE» for a loan for the purpose of implementing the project and/or raising borrowed funds for implementation of the project, and on pledging property with the right of extrajudicial sale, with notarized authentication of the participants' signatures. If less than 100% of the participants are present at the general meeting of LLP participants or another authorized body of the legal entity, documents confirming that the participants were duly notified of the upcoming meeting must be provided, bearing the participant's acknowledgment of receipt of such notice. If the LLP consists of 100 or more participants, a printed publication containing the announcement of the general meeting and its agenda must be provided. If the legal entity consists of 10 or more participants, only the signatures of the chairperson and secretary of the general meeting are subject to notarization in the resolution. |
||
| 7. Financial statements (balance sheet, profit and loss statement, cash flow statement, statement of changes in equity) of the Applicant for the latest quarter and the last two reporting years, with breakdowns of balance sheet items (originals certified by the seal and signatures of the chief executive officer and chief accountant) |
||
| 8. Documents confirming ownership rights to land plots for all cultivated areas for 2024 used in the business; where livestock is present, a certificate confirming the availability/absence of biological assets | ||
| 9. Business plan or feasibility study for the loan, together with supporting documents, or other documents enabling an assessment of the Applicant's creditworthiness, including but not limited to the following information: - description of activities indicating the purposes for which the loan will be used; - sales markets and the Applicant's marketing strategy; - risk assessment and risk management measures; - a detailed annual financial plan (annual financial indicators for implementation of the business plan, sources and amounts of financing for the business plan and loan repayment) and cost estimate (except for small business entities). |
||
| 3 | 1. Certificate from the State Revenue Authorities confirming the presence/absence of tax arrears of the legal entity | certificate from eGov/ tax authority |
| 2. Tax returns under Forms 100.00 and 910.00 with appendices and confirmation of acceptance by the tax authority for the past 12 months; | ||
| 3. Credit history of the legal entity, chief executive officer/pledgor obtained from First Credit Bureau LLP | ||
| 4 | Certificates from servicing banks: - confirming the existence of an account; - confirming the presence/absence of outstanding payment file No. 2; - showing turnover on current accounts for the past 12 months. |
original/ electronic document |
| 5 | Collateral valuation report (report of an independent appraisal company) | original |
| 6 | Title documents for the collateral | copy |
| 7 | Certificate from the Public Service Center and/or Administrative Police Department and/or territorial departments of the Ministry of Agriculture of the Republic of Kazakhstan confirming the absence of encumbrances on the proposed assets; | certificate from eGov/ |
| authorized authority | ||
| 8 | If the project involves a Pledgor/Guarantor/Surety/Co-borrower: | original/ |
| - the documents specified in clauses 2.1., 2.2., 2.3., 2.4., 2.5., 2.6., 2.7., 2.8., 3 and 4 of this Appendix must be provided, as well as consent to obtain a credit report from a credit bureau and consent to provide information about them to credit bureaus; | copy | |
| 9 | If the Applicant's principal activity is field crop production/crop farming: | original |
| - certificate from the statistics authority under Forms 4-сх and 29-сх showing crop yields and cultivated land area for the past 3 years; | ||
| 10 | Licenses for the relevant type of activity (notarized copy for activities subject to licensing); | copy |
| * The above-mentioned documents must also be provided for affiliated companies and financial partner companies, if any; | ||
| ** If necessary, JSC «SEC «KOKSHE» reserves the right to request additional documents for consideration of the application; | ||