N Kazakhstan farmers receive KZT 63 mln loans for cattle purchase
PETROPAVLOVSK. KAZINFORM - Since the beginning of 2014 farmers of North Kazakhstan region have received loans totaling KZT 63 million under "Sybaga" program.
The program's operator is North Kazakhstan branch of "Agrarian Credit Corporation" JSC. "Sybaga" is a program of lending for the purchase of AIC cattle breeding stock and breeding sires for breeding young meat breed. "This year the branch of "Agrarian Credit Corporation" has issued about KZT 63 mln loans for purchasing 252 heads of cattle and about 30 heads of breeding bulls. It is worth noting that farming areas named after Gabit Musrepov and Magzhan Zhumabayev took active participation in the program", said the chief specialist of the North Kazakhstan branch of "Agricultural Credit Corporation". According to his words, last year 26 farms received KZT 225 million of loans under the program "Sybaga".