Loan Purposes |
- Crop farming;( from 50,000 to 1000 000KGS) |
Loan Amount |
From 50, 000 KGS up to 50 000 000 KGS |
Loan Term |
Up to 36 or up to 84 months. |
Interest Rate |
10% per annum |
Repayment Schedule |
Based on the cash flow of the business. |
Grace Period |
- Up to 3 months on the principal amount; - Up to 3 months on interest payments, if needed. |
Restrictions |
The following are prohibited; - Lending to borrowers who have received preferential loan funds under the “Financing Agriculture-12” project; - Refinancing of borrower’s debts from previously obtained preferential loans issued under government programs (FSKh, KAPK, Goods Loan, LFBO, etc.) |
Collateral |
Up to 300 000 KGS without collateral. |
Effective Interest rate: from 10,47 % per annum (KGS)