Agricultural loans

Loan Calculator

Annuity Reducing

Subsidized Microloan

3 - 4 million AMD

0% interest rate

Up to 60 months-term from which

Up to 12 months are grace period


If You need money

      for Small and Medium Rural Business Development

as well as for other similar purposes, then ''KAMURJ'' UCO CJSC offers You a subsidized agricultural Microloan  without a pledge 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 

3 - 4 million AMD

Loan maturity       

For capital investments up to 60 months*
For replenishment of working capital up to 24 months    

Annual interest rate


14% interest rate stimulated by the “KAMURJ” UCO out of which 14% (fully subsidized)

Annual factual interest rate


Grace period for loan payment

Up to 12 months

(when only interest and service charges are repaid)

 Payment mode

 Annuity (equal monthly payments)

 Equal monthly payments on the loan amount

 Other - customer cash flow matching  

Payment mode

Equal monthly payments (annuity), or

Contractual Individual Schedule: (the interest is calculated against the loan amount balance) the minimum amount of repayments and amount of loan should be planned depending on the loan term.

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)

Lending territory

Territory of RA, except for Yerevan city

Basic Security

Guarantees of minimum 2 individuals

Early payment penalty

The borrower should pay accrued interests and penalties (if any) until the early payment date.

Maximum term of loan approval

Within 7 days after presentation of all the required documents

Maximum length of  loan granting

Within a day after presentation of all the required documents



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.



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.