Agro-Microloan

Agro-Microloan

up to 3 years

Period

from 16%

Rate

up to 750 000 KGS

Amount

Target audience:

Individuals (incl. PSF – private subsidiary farm);
Individual entrepreneurs
Legal entities (incl. peasant farms and cooperatives).

Intended use:

Working capital replenishment;
Acquisition of seeds, fertilizers, means of protection, fodder, fuel and lubricant materials for agricultural needs;
Acquisition of animals, poultry, honey, bee colonies and beehives, etc.;
Acquisition and repair of agricultural machinery and equipment;
Acquisition of equipment for processing agricultural produce;
Real estate acquisition, construction and repairs for agricultural purposes;
Payment for agricultural works;
Refinancing performing loans in other Banks;
Consumer purposes given the availability of a functioning agricultural business;
Opening a new type of business given the availability of a functioning agricultural business;
Other purposes.

 

Loan currency:

KG soms
Russian rubles
US dollars
EUR
Chinese yuans
Kazakhstani tenge

 

Loan amount:

From 150 001 to 750 000 KGS;
From 150 001 to 750 000 RUB;
From 2001 to 10 000 USD;
From 2001 to 8 000 EUR;
From 10 001 to 60 000 CNY;
From 750 001 to 3 750 000 KZT.

 

Repayment procedure

Loan repayment and interest payment is made monthly (once a month) by annuity payment;

A flexible loan repayment schedule may be negotiated depending on the seasonality of the business, etc. It is possible to repay the principal debt once a quarter, however, interest payments are made monthly.

 

Business operation period

Borrower should be engaged in agricultural business for at least one agricultural cycle, specializing in crop or bee farming. For other types of business, the operation period should be at least 12 months.

1. Borrower’s passport and notarized declaration of marital status (if the Borrower is unmarried/divorced/widowed);
2. Certificate of marriage registration – submitted to confirm a spousal relationship;
3. Spouse’s passport (if available), declaration of consent for obtaining the loan;
4. Certificate from Ayil Okmotu on cattle availability and quantity;
5. Additional income besides agricultural business is mandatory: documents confirming client’s income;
6. Certificate confirming the right to use the land share;
7. Patent, if the loan amount exceeds 500 000 KGS or its equivalent in US dollars or euro;
8. Documents of title for agricultural transport, agricultural real estate;
9. Documents of title and title certification for real estate;
10. Guarantor’s passport and declaration of marital status (if the Guarantor is unmarried/divorced/widowed);
11. Guarantor’s certificate of marriage registration – submitted to confirm a spousal relationship;
12. Spouse’s passport (if available), guarantor consent form;
13. Certificate of salary for at least the last 12 months (in tabular form – accrued, deducted, net pay) or other documents confirming Guarantor’s solvency;
14. As well as other documents necessary for processing a loan.

Сравнение

Agro-Microloan

Period
up to 3 years
Rate
from 16%
Amount
up to 750 000 KGS

Agro-Small loan

Period
up to 5 years
Rate
from 13%
Amount
Up to 7 500 000 KGS

Agricultural financing – 7

Period
up to 3 years
Rate
from 6%
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The result of calculating a calculator is informative. Exact parameters loan will be calculated by the Bank on the results of your application.

For more information, please contact Bakai OJSC Bank".

Month Remainder Repayment Repayment % Payouts

The frequency and amount of loan payments may differ from those shown in According to terms of the loan agreement. This loan payment schedule is not a public offer and intended for reference only.

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Foreign Exchange Rates

Purchase Sale
USD 69.7000 69.8700
EUR 77.5000 78.3000
RUB 1.1120 1.1230
KZT 0.1790 0.1830
GBP 88.0000 94.0000
CNY 9.4000 10.5000
Purchase Sale
USD 69.5000 69.9000
EUR 77.1000 78.7000
RUB 1.0750 1.1600
KZT 0.1700 0.1900
GBP 84.0000 97.0000
CNY 8.9000 11.0000
FX rate
USD 69.8500
EUR 77.7815
RUB 1.1048
KZT 0.1815
GBP 91.7536
CNY 9.9320

Course listed on 16.12.2019

Exchange rates are valid for Bishkek city. Exchange rates are valid for an amount of up to $1000 (or equivalent in other currencies), rates for amounts above$1000 are contractual