Agricultural loans

Loan Calculator

Annuity Reducing

Subsidized Microloan

3 - 4 million AMD

0% interest rate

Up to 36 months-term from which

Up to 6 months are grace period


If You need money for the development of a micro-small rural business, and You are registered and engaged in the following agricultural target activities:


        a) Acquisition of mother bees, bee colonies, as well as beehives

        b) construction of livestock buildings and technological support

        c) Acquisition of farm animals (Clause 18 of Article 3 of the RA Law on Veterinary Medicine)

        d) acquisition of fodder

        e) Acquisition of seeds, seedlings and plants

        f) Acquisition of agricultural land

        g) Acquisition of  working capital (except for the resources specified in subparagraph (e) of this paragraph) and services

          necessary for land, cultivation of agricultural crops, implementation of agro-technical measures

        h) Insertion of modern irrigation systems in the ground plots near the house.

        i) Construction and reconstruction of buildings and structures of industrial significance in the field of agro-processing


then “KAMURJ” UCO CJSC offers You a subsidized agricultural loan, without a collateral, 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       

36 months   

Annual interest rate


The interest rate subsidy will be implemented in such an amount that the loan will be provided to the economic entity. 

 5% interest rate

 3% interest rate for agricultural cooperatives 

 0% interest rate for border settlements receiving social assistance approved by the decision N 1444-N of December 18, 2014

Annual factual interest rate

0% - 14.91%

Grace period for loan payment

Up to 6 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.




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.