2.5 percent loan for young people
The loan is issued for 5-7 years. The maximum amount is 5 million tenge
A new loan for young people will be issued through JSC "Agrarian Credit Corporation". Basic conditions:
the term of the micro-loan is up to 5 years (for projects in the field of animal husbandry - up to 7 years);
the maximum amount of a micro-loan is up to 5 million tenge;
the interest rate is no more than 2.5% per annum;
the micro-loan is secured by collateral.
Lending is carried out through local executive bodies on employment issues. At the time of receiving the loan, the term of state registration as an individual entrepreneur should be no more than five years.
The draft also stipulates that the age of the applicant for the provision of a micro-loan is taken into account at the time of submission of documents.