Loan Calculator
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Combined financial product- Subsidized Agricultural Microloan2,5 - 4 million AMD 0% interest rate Up to 60 months-term from which Up to 18 months are grace period With the opportunity to receive a grant up to 25% of the loan amount
If You need money for capital investments in Your micro and small rural business development*, and if You are registered and engaged in agricultural activities: • a) Establishment of orchards and care • b) Greenhouse work • c) Organization of dried food production • d) Beekeeping • e) Refrigeration establishment
then ''KAMURJ'' UCO CJSC offers You a combind subsidized agricultural Micro-loan without a pledge, with the following conditions:
The project is implemented in cooperation with the Ministry of Agriculture, the GFK and the Company, with a trilateral agreement approved by the cooperation of subsidized agricultural loans. * In case of Capital investments, the replenishment of working capital at the expense of credit funds should not exceed 30% of the total loan amount. ** In case of loans provided for the establishment of a traditional garden, maximum 84 months
List of necessary documents • A certificate issued by the Agricultural Development Foundation. • Customer identification document (passport issued by the Republic of Armenia)
ATTENTION: If you do not perform your whole liabilities within prescribed time, the information about you will be recorded in the Credit Register of the Central Bank of Armenia by the creditor.
WARNING: Your assets (house, car, etc.) may be confiscated if you do not make payments of interest and credit amount within the prescribed time as well as other regulations specified in the agreement between you and the “KAMURJ” company. |