Provision of loans in agriculture

Provision of loans  within the Framework of The Program of subsidization of interest rates of agricultural loans.


The loan amount per loan is 3-15 million AMD

The balance of the loan or the total amount of loans provided to each household under the project may not exceed 15 million AMD.

Beneficiary using subsidy programs with other loans provided by the state budget of each year cannot participate in the Program.

Interest rate: As a result of state subsidies


For border settlements 0%
For the rest of the communities in the Republic of Armenia Nominal interest rate 5%

Actual interest rate 5.12% under the following conditions

Agricultural Cooperatives Nominal interest rate 3% 

Actual interest rate 3.04% under the following conditions


The loan is provided to individual entrepreneurs and legal entities that have received a certificate from the Ministry of Agriculture of the Republic of Armenia.


Repayment period:

Loan term is up to 5 years

·         If the share of the working capital in the structure of the investments  is more than 30%, the crediting will be for up to 2 years.·         If the share of fixed assets in the structure of the investments  is 70% or more, lending will be carried out for up to 5 years /.

Credit currency:



Loan repayment procedure

The loan may be granted a grace period of up to 12 months  (During the grace period the client only pays interest on the loan).


The subsidization of interest rate is stopped, if: 

  • there are overdue liabilities to the loan for more than 60 days cumulatively in one year period (last 12 months) or, because of overdue liabilities the loan is not classified in standard class .
  • as a result of monitoring there is a violation of the terms of the Program.
  • In case of improper use of the loan


Money  paid to Development and Investment Corporation of Armenian for lending

The corporation does not set any other fees for services.

Possible early repayment terms and conditions:

There are no fines or penalties for early repayment of the loan


Other lending terms are common to all types of loans that you can find at the following link.


Last update 1.04.2020 13:03