“KAMURJ” UCO has invested a new AGRO SUPPORTER loan
21.04.2017

“KAMURJ” UCO has invested a new AGRO SUPPORTER loan, which is carried out through value chain financing method. This new type of loan, which has been input by “KAMURJ” UCO, is designed for those farmers, who are short of funds to obtain seedlings, seeds, fertilizers, agricultural equipment and other resources necessary for agriculture. 

The loans will be provided up to 3 million AMD with only guarantees and without a pledge. Loans up to 500.000 AMD will be provided without guarantees and the decision making process of loan will be made within an hour.


“The given loan is privileged in the fact, that short term loans, up to 6 months, will be provided with 0% interest rate, but loans with 7-12 months term will be provided with 1-6% interest rate (starting from the 7th month, 1% will be charged for each month). The loans are provided without a monthly service fee.

In the conditions of all types of agricultural-oriented loans, suggested by “KAMURJ” UCO, as well as in the case of this loan, seasonality of agriculture is taken into account, which allows customers to borrow up to 1-year credit and have 9 months of grace period, when the customer will not make loan principal repayments.   

Contracts have already been signed with Hrashq Aygi and NAR-MIL Companies, through which farmers can, within the framework of the mentioned loan, gain necessary quality agricultural products and develop their farms.

We are sure, that this new, innovative type of loan, which is realized through value chain financing method, will receive a positive response among farmers and will contribute to the development of rural economies in Armenia”,- noted in “KAMURJ” UCO CJSC.


BACK