Provision of loans in the field of agriculture

Loans provided under the interest rate subsidy program for loans to the agricultural sector


Legal entities, private entrepreneurs and individuals, agricultural cooperatives.


Purpose of the loan

  • acquisition of queen bees, bee colonies, hives,
  • construction and technological support of livestock buildings,
  • purchase of farm animals,
  • purchase of feed,
  • purchase of seeds, seedlings and sprouts,
  • acquisition of agricultural land,
  • purchase of working capital (except for seeds, seedlings, sprouts) and services
    for agrotechnical activities and cultivation of land and crops,
  • introduction of modern irrigation systems in the house adjoining plots,
  • construction and reconstruction of buildings and structures for industrial
    purposes in the field of agricultural processing.

The beneficiaries of other programs for subsidizing interest rates on loans budgeted by
the Republic of Armenia for each year cannot participate in the program, since the state
budget provides other funds for the implementation of that programs.


Loan currency




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.


Interest rate: As a result of state subsidies

  • 0% for border settlements,
  • 3% for agricultural cooperatives,
  • 5% to all other beneficiaries.



Loan term is set to 3 years.


Grace period

The loan may be granted a grace period of up to 6 months  (During the grace period the client
only pays interest amount accrued on the loan).


Amounts payable to the Development and Investment Corporation of Armenia 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


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 to the Corporation, according to objective criteria, the loan is not classified as
    a standard under current loan classification,
  • as a result of the monitoring, a violation of the terms and requirements of this program is revealed,
  • in case of misuse of the loan by the borrower and the provision of false information.

You can get acquainted with the details of the program at the following link.


Useful information

  • In case of necessity to change significant conditions (interest rate, commission, penalty, term, volume of liability)
    which will increase the liability of the guarantor or cause other adverse consequences, the guarantor shall be
    notified in advance (7 days before the change). the mentioned change is made in accordance with the procedure
    pre-selected by the guarantor, and in case of the latter’s consent, the mentioned change is made.
  • The customer has the right to communicate by mail or e-mail.


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


Last update 23.06.2022 19:48