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Ministry of Agriculture: 88% of preferential loans were received by small businesses

06.08.2024
Ministry of Agriculture: 88% of preferential loans were received by small businesses

The Ministry of Agriculture denies rumors about issuing loans exclusively to large agricultural enterprises, World of NAN reports.

According to the department, to date, five thousand agricultural producers have been loaned 330 billion tenge, with 88% of enterprises being small businesses, 11% being medium-sized enterprises, and only 1% of borrowers being large enterprises.

At the same time, 60% of the loan volume goes to small farms, and only 16% of the allocated funds go to large businesses, with the rest of the loans being received by medium-sized enterprises.

However, it is worth noting that farmers have repeatedly complained about the difficulties in obtaining preferential loans. Moreover, large farms also face difficulties, which indicates a complex system of financial institutions.


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