Order No. 443 of the acting Minister of Agriculture validating the Regulation for microcredit in rural areas and small towns.
Country
Type of law
Regulation
Abstract
Applicants for microcredits as part of project scaling to increase the income of the rural population are natural persons and legal entities of rural settlements (regardless of their administrative subordination) and small towns: (a) unemployed; (b) persons independently carrying out production activities (sale) of goods, performance of work and provision of services for the purpose of generating income without state registration as an individual entrepreneur, and (or) inactive individual entrepreneurs; (c) persons carrying out unpaid activities in family enterprises; (d) persons independently carrying out production activities in personal subsidiary plots for sale (exchange), with incomes below living wage; (e) agricultural cooperatives; and (f) startups and existing individual entrepreneurs. Local executive body of the region, performing functions in the field of agriculture determines priority areas of microcredit projects of every rural settlement and every small town. At the same time, it is allowed to allocate no more than 50 (fifty) percent of the funds allocated for the program to microcredit projects for the purchase of farm animals. Microcredits issued as part of scaling a project to increase the income of the rural population are provided through an attorney (agent).
Attached files
Web site
Date of text
Entry into force notes
This Order enters into force ten calendar days after the date of its first official publication.
Repealed
Yes
Source language
English
Legislation Amendment
No
Original title
Приказ и.о. Министра сельского хозяйства Республики Казахстан от 20 декабря 2023 года № 443 Об утверждении Правил микрокредитования в сельских населенных пунктах и малых городах.
Implements