Agricultural loans

Loan Calculator

Annuity Reducing

Combined financial product- Subsidized Agricultural loan

4 - 20 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

and You can pledge immovable and movable property, then "KAMURJ" UCO CJSC offers You a COMBINED SUBSIDIZED AGRICULTURAL LOAN with the following conditions:


Loan granting conditions 




RA citizen and RA resident individuals, RA resident individual entrepreneurs, RA resident legal entities

Age limitation

Borrower's age at the moment of applying minimum 18, maximum 70

Loan amount 

4 - 20 million AMD 

Loan maturity       

Up tu 60 months**

Annual interest rate


12% interest rate stimulated by the “KAMURJ” UCO out of which 12%

Annual factual interest rate


Grace period for loan payment

Up to 18 months

(when only interest and service charges are repaid)

Granting fee          

Free of charge

Loan application review fee

Free of charge

Applicable penalties

Overdue loan amount and overdue interest rates 0.12% per day (maximum 90 calendar days)

Payment mode

 Annuity (equal monthly payments)
 Equal monthly payments on the loan amount
 Other - customer cash flow matching

Lending territory

 RA, Ararat province (Shahumyan, Nor Ughi, Pokr Vedi, Surenavan)
 RA, Vayots Dzor province (Arpi, Zaritap)
 RA, Syunik province (Meghri, Agarak, Alvank, Lehvaz, Karchevan, Nrnadzor, Shvanidzor, Spandaryan, Darbas, Harzhis)

Basic Security

Immovable and movable property

Loan / Collateral value ratio

a) In case of immovable property, up to 60% of liquidation price

b) In case of movable property and village equipments, up to 50% of liquidation price

c) In case of movable property, up to 40% of liquidation price

 Additional Security

Guarantee of Legal entity and / or individual, pledge of other immovable or moveable property

 Pledge Insurance

Insurance is made as needed

The borrower covers the insurance expenses according to the tariffs of insurance companies 
Loan granting method


 Maximum term of loan approval

Within 10 days after presentation of all the required documents

Maximum length of  loan granting

Аfter the state registration and submission of the pledge right: 2 working days


  In case of early repayment of the loan fines and penalties are not charged.

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. 

For Legal Entities and Private Entrepreneurs

For Individuals




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.