The features of obtaining a loan from the Ministry of Agrarian Policy were published
State
The main criterion for obtaining a loan from the Partial Loan Guarantee Fund for Agriculture is the transparent financial activity of the farm, taxes paid, official reporting, and the absence of debts. This was told by the First Deputy Minister of Agrarian Policy and Food Taras Vysotsky.
“The main condition for obtaining a loan for farmers is that they should own or use no more than 500 hectares of land, and they should specialize in the primary production of agricultural products. They will be able to use the proceeds to purchase agricultural land, machinery, equipment, etc.,” said Taras Vysotsky.
He also added that farms will interact directly with the bank, so it is important to carefully choose the bank with which the farmer or FG is going to cooperate. The bank will, in turn, cooperate with the partial guarantee fund. The functions of control over the use of loans will be performed directly by the bank that issued the loan against the guarantees of the fund.