Term
Purpose of loan
Financing of leasing transactions; Refinancing of existing leasing loans
* Calculations are preliminary. Detailed consultation is available from managers at regional branches.
ADVANTAGES OF PROGRAM
ASSISTANCE
Our managers will help you prepare your documents.
COMFORT
Apply for guarantee from anywhere online.
SPEED
The Fund will consider your application in a short period.
RELIABILITY
We are trusted. We have supported more than 65000 projects.
|
Target Segment
|
Micro, small and medium private enterprises
|
|
Purpose
|
Financing of SME leasing transactions under concluded financial leasing agreements in accordance with the program terms and Credit Agreement. Financing of SMEs under sale-leaseback and secondary leasing is permitted;
Leased asset - property acquired by the Partner from the seller under a purchase agreement for subsequent transfer to SME under a financial leasing agreement. Leased assets may include equipment, specialized machinery, commercial vehicles, as well as passenger cars manufactured in the Republic of Kazakhstan. All specified types of property must be domestically produced (manufactured in the Republic of Kazakhstan). A cost limit of no more than 3,500 (three thousand five hundred) MCI per unit applies to passenger cars except for acquisition of vehicles intended for cargo transportation having a body or cargo platform separate from the cabin.
|
|
Maximum financing limit per SME entity
|
No more than 1,000,000,000.0 KZT for leasing companies
No more than 20,000 monthly calculation indices for microfinance organizations
At the same time, through SME's advance payment, the total amount of the financial leasing agreement may exceed 1,000,000,000 KZT (for leasing companies)/20,000 MCI (for microfinance organizations).
The aggregate balance of SME's principal debt to leasing companies must not exceed 1,000,000,000 KZT, and for microfinance organizations no more than 20,000 MCI
|
|
Advance payment amount
|
At least 15% of the leased asset value. Changes to the advance payment amount relative to the leased asset value due to currency rate fluctuations are permitted.
|
|
Interest rate
|
Determined by the Fund's Board decision and calculated as the Loan interest rate (Placement rate) increased by no more than 4 (four) percentage points, but not exceeding 12.6% per annum.
|
|
Leasing transaction term
|
- No more than 84 months
|
|
Grace period for principal repayment
|
Established by the authorized body of the financial institution, but no more than 24 (twenty-four) months from the loan issuance date, in case of SME financing in the form of credit line - from the date of first tranche.
|
|
Grace period for interest repayment
|
Established by the authorized body of the financial institution, but no more than 12 (twelve) months, unless otherwise determined by the Fund's Board decision.
|
|
Prohibited loan purposes for individual SME
|
- subleasing;
- acquisition of passenger cars except:
acquisition of vehicles intended for cargo transportation having a body or cargo platform separate from the cabin;
with market value exceeding 3500 MCI per unit, but not exceeding the loan amount specified in the "Limit amount per SME" column of this Product 2;
- entrepreneurs' projects implemented in activities specified in paragraph 4 of Article 24 of the Entrepreneurial Code of the Republic of Kazakhstan
|
|
Other conditions for SME loans (consent of final borrowers to provide information and documents to the Fund, for monitoring etc.) are defined in the credit agreement. The Fund may establish additional financing conditions.
|
|
|
1
|
2
|
|
|
1. Manufacturing Industry
|
|
1
|
10
|
Food production
|
|
2
|
11
|
Beverage production
|
|
|
11.06
|
Malt production
|
|
|
11.07
|
Production of non-alcoholic beverages, mineral waters and other bottled waters
|
|
4
|
13
|
Textile manufacturing
|
|
5
|
14
|
Clothing manufacturing
|
|
6
|
15
|
Leather and related products manufacturing
|
|
7
|
16
|
Manufacture of wood and cork products (except furniture); manufacture of straw and plaiting materials
|
|
8
|
17
|
Paper and paper products manufacturing
|
|
9
|
18
|
Printing and reproduction of recorded media
|
|
10
|
20
|
Chemical products manufacturing
|
|
11
|
21
|
Manufacture of basic pharmaceutical products and preparations
|
|
12
|
22
|
Rubber and plastic products manufacturing
|
|
13
|
23
|
Manufacture of other non-metallic mineral products
|
|
14
|
24
|
Metallurgical production
|
|
15
|
25
|
Manufacture of fabricated metal products (except machinery and equipment)
|
|
16
|
26
|
Computer, electronic and optical products manufacturing
|
|
17
|
27
|
Electrical equipment manufacturing
|
|
18
|
28
|
Manufacture of machinery and equipment not elsewhere classified
|
|
19
|
29
|
Manufacture of motor vehicles, trailers and semi-trailers
|
|
20
|
30
|
Manufacture of other transport equipment
|
|
21
|
31
|
Furniture manufacturing
|
|
22
|
32
|
Manufacture of other finished products
|
|
23
|
33
|
Repair and installation of machinery and equipment
|
|
|
2. Services and Other Activities
|
|
|
Agriculture, Forestry and Fishing
|
|
24
|
01.63
|
Post-harvest agricultural activities
|
|
|
01.64
|
Seed processing for planting
|
|
25
|
02.20
|
Logging
|
|
26
|
03.11
|
Marine fishing*
|
|
|
03.12
|
Freshwater fishing*
|
|
27
|
38
|
Waste collection and processing
|
|
|
Construction
|
|
28
|
42
|
Civil engineering
|
|
|
Transportation and Storage
|
|
29
|
49.10
|
Passenger and freight road transport activities
|
|
|
49.11
|
Long-distance passenger rail transport
|
|
|
49.20
|
Freight rail transport
|
|
|
49.311
|
Bus transportation
|
|
|
49.312
|
Tram transportation
|
|
|
49.313
|
Trolleybus transportation
|
|
|
49.314
|
Subway transportation
|
|
|
49.319
|
Other scheduled passenger land transport
|
|
|
49.32
|
Taxi services
|
|
|
49.39
|
Other passenger land transport not elsewhere classified
|
|
|
49.41
|
Freight transport by road
|
|
|
49.42
|
Removal services
|
|
30
|
50.10
|
Sea and coastal passenger transport
|
|
|
50.20
|
Sea and coastal freight transport
|
|
|
50.30
|
River passenger transport
|
|
|
50.401
|
River freight transport
|
|
|
50.402
|
Timber floating
|
|
31
|
52
|
Warehousing and support activities for transportation
|
|
|
Accommodation and Food Service Activities
|
|
32
|
55.10
|
Hotels and similar accommodation**
|
|
33
|
55.20
|
Holiday and other short-stay accommodation***
|
|
34
|
55.30
|
Campgrounds, trailer parks and recreational vehicle parks
|
|
|
Real Estate Operations
|
|
35
|
68.20.8
|
Rental/leasing and management of own or leased warehouse premises
|
|
|
Education
|
|
36
|
85
|
Education****
|
|
|
Healthcare and Social Services
|
|
37
|
86
|
Healthcare activities*****
|
* This OKED code includes production, processing and preservation of agricultural products
** Excluding five-star hotels
*** Excluding apartments and residential houses
**** Excluding:
- Private schools/preschool institutions that either: - Don't have state educational orders for secondary education, or - Don't receive compensation for operational/investment costs
- Private educational institutions with combined state-funded and paid education where annual tuition exceeds 400 MCI (Monthly Calculation Index)
- OKED 85.53 "Driver training school activities", 85.59 "Other education not elsewhere classified"
***** Excluding healthcare facilities where service costs exceed twice the tariffs under guaranteed free medical care and/or mandatory social health insurance, paid according to clinical-cost groups established by Order No. ҚР ДСМ-170/2020 of the Minister of Healthcare of RK dated October 30, 2020
1
Signing of an agreement between the Fund and the Partner
2
The Partner makes a positive decision to provide a loan to SMEs
3
The Partner submits to the Fund a register of approved SME projects** for loan provision
4
Signing of a loan agreement between the Fund and the Partner for tranche disbursement
5
Signing of a financial leasing agreement between the Partner and the SME
6
Loan disbursement to the SME
