Igilik program — preferential financing for the purchase of breeding farm animals

The program is aimed at developing animal husbandry, improving the breeding composition of the herd and increasing the productivity of farms.

*The terms of financing are provided for informational purposes and may change depending on the program, the source of funding and the decision of the authorized body of the credit partnership. The loan is granted after consideration of the application

Basic terms of the ACC

  • The rate for the final borrower is 6% per annum.
  • Duration: up to 7 years.
  • Grace period: up to 36 months according to the terms of the program.
  • Own participation: at least 15% of the project cost.
  • Amount: according to project parameters and financing limits.

Directions

  • imported breeding cattle;
  • imported breeding small cattle;
  • imported and domestic breeding horses;
  • breeding camels;
  • other types of breeding animals provided by the program.

Project size

  • Cattle — from 100 to 499 heads;
  • MPC — from 500 to 999 heads.

There are special requirements for certain other animal species.

Additional conditions

  • availability of a feeding base;
  • veterinary and sanitary requirements;
  • registration of animals in the installed systems;
  • insurance of purchased livestock;

confirmation of the economic efficiency of the project.

  1. Application for financing.
  2. Documents on the registration of an individual entrepreneur, KX, FH or a legal entity.
  3. The identity card of the applicant or supervisor.
  4. Financial and tax reporting.
  5. Documents for land plots.
  6. A business plan or calculation of the need for financing.
  7. Documents for the proposed collateral.
  8. Documents on debt and bank turnover.
  9. Contracts with suppliers, invoices, and commercial offers.
  10. Additional documents for a specific program.

For animal husbandry, additional documents should be provided for livestock, veterinary documents, confirmation of the feed base and necessary information about production facilities.

Note: The list is preliminary and is being clarified by an IQ Finance specialist.

Long-term cooperation

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