 Agroleasing as a Measure to Support Small Farming in Kazakhstan: Current State and Mechanisms for Its ImprovementArif G. Ibragimov
Economic Consultant, 2026, issue 3, 107-126 Abstract: Introduction. Agroleasing is one of the key instruments for modernising agricultural machinery and providing state support to Kazakhstan’s agricultural sector. However, access to leasing programmes remains limited for small-scale farms due to financial, organisational and technical barriers, thereby reducing the effectiveness of state support and exacerbating technological inequality within the agro-industrial complex. Materials and methods. The study is based on an analysis of agroleasing programmes in Kazakhstan in force in 2024–2025, including programmes run by KazAgroFinance JSC, the Industrial Development Fund, and private leasing operators. Methods used included institutional, comparative, and problem-oriented analysis, descriptive statistics, grouping, and expert-level logical generalisation. The study assessed interest rates, down payments, leasing timeframes, funding volumes, borrower requirements and the extent to which the programmes met the needs of small farming. Results. It was found that the main agroleasing operator in Kazakhstan was KazAgroFinance JSC, and that the scope of funding for benefit schemes in 2024–2025 increased significantly. However, a systemic imbalance has been identified: existing programmes are predominantly geared towards medium-sized and large farms, whilst small farmers face constraints such as down payments, collateral requirements, complex paperwork and insufficient availability of compact machinery. Key areas for improvement have been identified: micro-leasing, no deposit or reduced down payments, seasonal payment schedules, guarantee funds, simplification of paperwork, and the development of cooperative use of equipment. Conclusion. The findings clarify the role of agroleasing as a comprehensive support mechanism for small farming, rather than merely a tool for acquiring machinery. The practical significance of the study lies in justifying the transition to a differentiated model of agroleasing that takes into account the financial means, regional specifics and production needs of small agricultural producers in Kazakhstan. Keywords: agroleasing; Kazakhstan; agricultural machinery; leasing programmes; KazAgroFinance; smallholder farms; financial barriers; micro-leasing (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ris:statec:023906 Access Statistics for this article Economic Consultant is currently edited by Roman I. Ostapenko More articles in Economic Consultant from Scientific and Educational Initiative LLC |
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