Agricultural loans

Loan Calculator

Annuity Reducing

Subsidized loan for the development of sheep and goat breeding

4 - 900 million AMD 

0% interest rate

Up to 48 months-term from which

Up to 12 months - grace period


If You need money

      for Small and Medium Rural Business Development

      for the acquisition of  Small cattle - up to 18 months sheep and goats, 4-16 months female and 6-16 months male young animals


as well as for other similar purposes and you can pledge immovable and movable property, then Kamurj UCO CJSC offers you a subsidized agricultural loan with the following conditions:

Loan granting conditions 




RA citizen and RA resident individual (s) (Individual Entrepreneurs) The resident legal entities

Age limitation

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

Loan amount 

4 - 900 million AMD 

Loan maturity       

Up to 48 months 

Annual interest rate


The interest rate subsidy will be implemented in such a way that the loans will be provided to the borrower.

2% interest rate

0% interest rate to the economic entities of the border communities included in the list approved by the decision N 1444-N December 18, 2014 of the Government of the Republic of Armenia, or to thecooperatives operating in the field of agriculture

 Annual factual interest rate

0% - 14.92%

Grace period for loan payment

Up to 12 months (when only interest and service charges are repaid)

Granting fee          

Free of charge

Loan application review fee

Free of charge

Monthly servicing 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

Provision mode


Lending territory

Territory of RA

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 
 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.


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.