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Accessible micro-loans on any purposes

Project «Ecoproduct»

Conditions to disburse loan for «ECOproduct» were developed in terms of project “Conservation of in-situ mountain agro-bio-diversity in Kazakhstan». Micro-lending program for the population living on project territories is carried out by joint efforts of the Parties, Project Realization Group (PRG) and KMF.

Project will use funding of GEF/UNDP; ÊMF, in its turn, acts as a company representing and managing micro-loans according to its internal procedures and disbursement criteria in EcoProduct.

This loan product is aimed at people living on project territories.  List of project territories in the cities of Almaty and Taldykorgan:

  • Alakol region: villages Lepsinsk, Zhunzhurek, Kokzhar, Shynbulak;

  • Sarkand region: village Topolevka, Yekiasha, Amanbokter;

  • Yembekshikazakhskiy region: village Tauturgen, Turgen, Rakhat, Karakemer, Kazakhstan, Ashybulak, Koktobe, Kainazar;

  • Talgar region: village Beskainar, Belbulak, Kyzylkairat, Tuzdybastau, Besagash, Ryskulov. 

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Borrowers can be individuals and individual entrepreneurs constantly living in the area where MCO unit is acting. Economic activity a loan is provided for, should correspond to objectives to conserve mountain agro-bio-diversity.

Borrower should live/have ownership rights/of constant (long-term) land use as a rent of a land plot at the territory of project rural population centers. Borrowers/potential borrowers should be trained in terms of the Program.

Group loan conditions:  

Maturity term:

 up to 12 months (grace period is possible)

Loan amount:

 first – up to 150 000 KZT, staged system up to 500 000 KZT.

Security:

 non-collateral, group responsibility, number of group members – 3 - 10.

Individual loan terms:  

Maturity term:

up to 24 months

Loan_amount:

up to 1 000 000 KZT (grace period is possible)

Security:

real estate, moveable property (all types applied in KMF), guarantee, combined collateral, cattle. Pledger is borrower or third person (property owner)

Required documents:  

  1. ID (copy verified with original by Loan Officer). Identity documents are: passport or ID of RK resident; residence permit; ID of a person without residency.

  2. Taxpayer certificate (copy verified with original by Loan Officer).

  3. Document to confirm residence (registration)

  4. Color document photo 3õ4.

  5. Individual entrepreneurs should additionally provide Copy of the Individual Entrepreneur’s State Registration Certificate verified with original, copy of a license and/or patent (as required by Credit Committee).

Pledger’s documents and documents on collateral property in individual lending:

  1. ID;

  2. Taxpayer certificate;

  3. Document to confirm residence (registration);

  4. Title/law-identifying documents on collateral property;

  5. Officially certified pledger’s application regarding the fact that when property was acquired, he/she was not married or officially certified agreement of a spouse for collateral and out-of-court sales.

Target use:

  • Sustainable cattle-breeding development:

    • Purchase of heavy and light beasts and their feeding;

    • Pig breeding;

    • Milk and dairy products’ manufacturing;

    • Storage and/or  purchase of hay and fodder;

  • Poultry operation development (chickens, ducks, geese);

  • Bee-keeping/production of bee-keeping products;

  • Fish-breeding.

  • Horticulture (fruit cultures);

  • Formation/development of  farms and growing of plants of fruit cultures;

  • Formation of productive plantations of valuable forms of wild apple tree/apricot;

  • Growing of small fruits and grapes.

  • Processing of fruits, berries and vegetables.

  • Formation/development of primary materials of quick-growing poplars and willows.

  • Growing of ornamental plants and flowers.

  • Growing of vegetable, technical and feed crops using only organics, as well as     fertilizers certified for food products’ manufacturing.

Also permitted to:

  • Open centers to accept and process meat, milk and other agricultural products;

  • Develop eco-tourism/recreational tourism;

  • Plantation growing and primary processing/packaging of crude drugs;

  • Development of traditional types of handicrafts (saddling inventory, leather goods, yurt manufacturing, ware made of with, souvenirs etc.) and food products.

  • Development of alternative energy sources.

  • Purchase of agricultural equipment and spare parts.

  • Purchase of seeds and organics.

  • Payment of services on lands’ processing.

  • Purchase of inventory to use in household.

  • Purchase of equipment, accessories and materials for green-houses and hot houses

Goals for which micro-loans under the program «ECOproduct» can not be disbursed:

  • To develop sustainable cattle-breeding to buy and breed female goats;

  • To finance licensed types of activity in case there is no relevant license, i.e., to develop eco-tourism on specially protected natural areas borrowers should have written agreements with specially protected natural areas regarding usage of eco-paths and other resources of specially protected natural areas/forest establishments to carry out tourist activity;

  • To develop horticulture, if gardens are created at sufficiently secure distance for wild fruit plants, less than 2 kms from specially protected natural areas/wild fruit trees;

    To use ineffective methods of crop-growing applying chemical device to process and increase crops;

  • For uncontrolled ranging in  gorges and foothills near wild-growing apple and apricot trees;

  • To finance those types of activity which, according to the acting law of RK, can not be carried out by individual entrepreneurs without being a legal entity;

    To carry out prohibited types of activity, illegal on the territory of the Republic of Kazakhstan;

  • To grow drug-containing plants;

  • To give obtained loan to third parties.