Loan terms:
• Loan term -1 year;
• Interest rate — 0.01% per annum;
• The purpose of the loan is to replenish working capital.
A loan under the «Revolving Scheme» is an effective way to stabilize prices for socially important food products. Such loans help business entities to sell goods from the SSFP list at below-market prices. When receiving a loan, retail chains receive borrowed funds on a preferential basis and, for their part, assume obligations to sell products at fixed prices.
In order to stabilize prices for socially important food products, the local executive body, through a specialized organization of JSC «SEC «Turkestan», provides loans to business entities, in accordance with the list of food products defined by the Decree of the Government of the Republic of Kazakhstan dated March 1, 2010 No. 145, including:
1) wheat flour of the first grade;
2) wheat bread from flour of the first grade (molded);
3) horns (weight);
4) buckwheat groats (kernels, weight);
5) ground rice (round-grain, weight);
6) potatoes;
7) carrots canteen;
8) onion;
9) white cabbage;
10) white sugar – granulated sugar;
11) sunflower oil;
12) beef (shoulder-breast part with bones);
13) chicken meat (femur and tibia with adjacent flesh);
14) pasteurized milk with 2.5% fat content in a soft package;
15) kefir 2.5% fat content in a soft package;
16) butter (unsalted, at least 72.5% fat content, without fillers and vegetable fats);
17) chicken egg (category I);
18) table salt (except "Extra");
19) cottage cheese: 5-9% fat content.
The business entity for issuing a loan is determined by the Commission in accordance with the requirements (criteria) for business entities attached in the Appendix.
Important!
The loan is not provided for refinancing overdue debt;
For more information, please contact:
+7 747 504 7399 Kuanysh (Chief Manager of the Stabilization Fund Department).
