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  • KZT 80 bln allocated for rural projects financing- Fund for Financial Support of Agriculture

KZT 80 bln allocated for rural projects financing- Fund for Financial Support of Agriculture

21 August, 2014 12:43
“Fund for Financial Support of Agriculture allocated about 80 billion tenge for financing of rural projects,” President of Board of JSC "Fund for Financial Support of Agriculture" Narmuhan Sarybaev informed during the press conference in Central communications Service Under the President of Kazakhstan in Astana today.

"Totally the Fund gave 85775 loans to the amount 78.6 billion tenge since 2005 year. 5724 loans to the amount 16.4 billion tenge this year,"  Sarybayev said.

Herewith. N. Sarybayev stressed the Fund’s activity oriented for the fulfilment of the Presidential ideas and plans.

According to him, since 2005, the organization works to ensure access of the rural population and agricultural producers to finance through the development of micro-credit in rural areas and thus takes the first step in a multi-level financial system of National holding KazAgro.

Indira Kaumetova