
Currency - AMD, USDDollars
Maturity period - 6-84 months
The maximum amount - AMD 10,000,000 / equivalent amount in another currency
Annual interest rate – in AMD -13.9, in USD Dollars- 10.9%
Frequency of repayment - at least two repayments per year, with the repayment schedule being computed taking into account the peculiarities of the economy and seasonality
Loan interest is calculated on a deductible balance of the loan
Provisioning means:
For standard agricultural loans - movable, immovable property, equipment, gold, other pledges
For simplified pledge for agricultural loans - guarantee of at least 2 persons and / or gold items
For express agricultural loans - 1-3 persons’ guarantee
For details: https://www.acba.am/en/farmers/special-offer-agro/preferential-loans-for-farmers
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