Energy -efficient machinery successfully operates in the Almaty region

A private entrepreneur from Almaty region, Adilet Igisinov, has been engaged in earthworks for several years. Every year he gets more customers. There was a need to purchase specialized equipment, which would help to increase productivity and speed up the work significantly. Recently, Adilet decided to buy new equipment, but there were not enough funds to finance the entire purchase. The entrepreneur applied for a loan to the Microfinance organization (MFO) “KMF”. The loan manager told him about the Green Economy Financing Facility (GEFF) programme from the EBRD. With the support of this Programme, it is possible to finance the purchase of equipment using loan, choose an acceptable loan term and monthly payment, as well as receive incentives in the amount of 10% of the total purchase price or loan amount. Adilet Igisinov was interested in this offer. In a short time he purchased a loader of a well-known Chinese manufacturer using credit funds of the MFO “KMF”. The entrepreneur chose the equipment on the website of the Green Technology Selector, an online database of eligible products under the GEFF Programme.

“It has become extremely comfortable to work with the new equipment, which is easy in operation and maintenance. The fuel costs have been decreased due to a high energy efficiency class of the loader. I am also glad to contribute to the care of the environment because the loader produces less emissions into the environment,” says Adilet Igisinov.

This project is supported by the Global Environment Facility (GEF) and the Austrian Federal Ministry of Finance.