Program for Subsidizing Interest Rate on Loan for Purchase (Acquisition) of Agricultural Raw Materials
BENEFICIARIES
Legal entities and individual entrepreneurs engaged in the procurement of agricultural raw materials that meet the financial (creditworthy) requirements of the project and the participating bank or credit organization.
CONTENT
The main objective of the program is to increase the level of access to credit by subsidizing the interest rate on targeted loans granted to legal entities and individual entrepreneurs operating in the republic. The maximum interest rate on loans issued is not set. A part (amount) equivalent to 9 percentage points per year of the loan interest rate will be subsidized for entrepreneurs operating in the areas of border settlements and harvesting and processing of agricultural raw materials there - a part (amount) equivalent to 12 percentage points.