Business support: how young residents of Mangystau can get a micro-loan
Residents of Mangystau aged 21 to 35 years can receive a micro-loan of up to 5 million tenge at 2.5% per annum. Asset Shopanov, Head of the Department for the Coordination of Employment and Social Programs of the Mangystau region, told about the requirements for microcredit recipients and credit conditions at a briefing at the Center for Public Communications.
According to the speaker, the loan term for all types of businesses is 5 years, and only for projects related to animal husbandry, it has been increased to 7 years. The main condition is that the borrower must be at least 21 years old and not older than 35 years old, and at the same time a pledge is required. As collateral, those wishing to receive a micro-loan can provide any movable and immovable property.
- A micro-loan will be refused if you have been registered as an individual entrepreneur for more than 5 years, - said Asset Shopanov.
You can apply for a micro-loan by contacting the branch of the Agrarian Credit Corporation in the Mangystau region.
List of documents for obtaining a micro-loan:
-Application form for a micro-loan
-Identity document
-The consent of the subject of the credit history to provide information about him to the credit bureau
-Business plan
-The decision of the authorized body of the participant /applicant on the approval of the transaction for obtaining a micro-loan, the transfer of property as collateral
-Consent of the pledgors to pledge the property
-Certificates from the servicing bank about the availability of an account
-Certificates on the availability of loan debt, including overdue from financial organizations (if loans are available)
-A document confirming the salary and (or) other income of the participant/applicant (an extract from the accumulative pension fund)
-Evaluation report
-Documents on the pledgor and collateral
The speaker added that the announcement of applications for a micro-loan will be posted on the official website of the Department for Employment presumably in April-May 2023. https://www.gov.kz/memleket/entities/mangystau-soc?lang=ru