Provision of loans for implementation anti-hail nets in agriculture

Provision of loans  within the Framework of The Program of subsidization of interest rates of loans for implementation of  anti-hail nets in the  agriculture  of the Republic of Armenia.



In case of works done by the contractor

  • vineyards-3.6 million AMD, the maximum amount of loans provided to each Beneficiary is 36 million AMD.
  • intensive fruit garden- 5 million AMD, maximum amount of loans provided to each Beneficiary is 85 million AMD

In case of works  done without contractor

  • vineyards ՝ 2.88 million AMD, the maximum amount of loans provided to each Beneficiary is 28.8 million AMD:
  • intensive fruit garden- 6․8 million AMD maximum amount of loans provided to each beneficiary is 68 million AMD


Interest rate: As a result of state subsidies

For border settlements and Agricultural Cooperatives / implementing  at least 3 hectares of anti-hail net / 0%
For the rest of the communities in the Republic of Armenia Nominal interest rate 2%

Actual interest rate 2.02% under the following conditions


Provision of the loan

This loan is provided to individual entrepreneurs and legal entities engaged in agricultural activities. Minimum and maximum garden area limits set for each Beneficiary:

  • vineyards-5 to 10 hectares
  • intensive fruit  garden- 5 to 10 hectares


 Repayment period:

Loan term is up to 7 years


 Credit currency:



 Loan repayment procedure

The loan may be granted a grace period of  1 year. (During the grace period the client only pays interest 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 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 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


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


Last update 23.02.2021 09:57