Loan insurance

To solve the problem of shortage of collateral, supported the domestic manufacturer by insuring its loan. With the help of «KazakhExport», the factory purchased a new manufacturing line and increased its export capacity.


Insurance procedure: 

  1. «KazakhExport» provides insurance to bank against default risk 
  2. Bank provides loan to exporter for export development 
  3. In case of borrower’s default, «KazakhExport» compensates losses to the bank. 


Implemented projects: 

 

  

2016 – Molproduct llp 



Result:

To solve the problem of shortage of collateral, supported the domestic manufacturer by insuring its loan. With the help of «KazakhExport», the factory purchased a new manufacturing line and increased its export capacity. Throughout the project Molproduct LLP expects to increase its annual export to Russia by over 2 bln. tenge.

 



Parties of insurance agreement: 

  • Insurer: «KazakhExport» 
  • Insured: borrower 
  • Beneficiary party: creditor 

Deductible: 10% 
Insurance coverage – same as loan amount 




Order a call