Petropavlovsk, the press service of “FFPSKH” – Today, the development of small and medium-sized businesses in rural areas received much attention. Important support for the villagers are loans provided by JSC “Fund for Financial Support of Agriculture”, convinced rural entrepreneur Batre Mashanov of North Kazakhstan region.
– I’ve been doing woodworking, – says B.Mashanov. – There is a small shop, a sawmill. There is also a technique, however, is already outdated. Often had to spend money on repairs and parts.
When he learned that the North-Kazakhstan branch of the fund provides loans for the purchase of machinery, entrepreneur turned for help. Specialists branch advised to use the program “Murabaha” on which funds are issued on the basis of Islamic principles of financing. Conditions of the program is very simple. If you want to purchase machinery or livestock, the “Murabaha” – for you. You can get up to 33 thousand dollars for 4 years at 11% per annum. To repay the loan given by the delay for a year to get some profit from the acquired property.
– So in our economy, a new tractor “Belarus 82.1”, it became easier to work with – continues Batre Erlikovich. – To update the village tractor fleet – the number one task. Such assistance is very necessary to the villagers, because the money for business development is never enough. Recommend to anyone who still thinks that if you are hard-working, persistent, and responsible, a credit to you necessarily will help.