"Water-to-Market" Project Loans

Annual interest rate 12%
Annual factual interest rate 13-13.6%
Lending term 24-65 months
Loan amount 300 000- 20 000 000 AMD
Lending type Cash/non cash
Payment Annuity
Loan/pledge ratio 40-70%
Loan security
  • For up to 1 000 000 AMD- 2 sureties (at least one owner of realty),
  • 1 000 001-2 500 000 - 2 sureties and movable property,
  • 2 500 001-6 000 000- 2 sureties, realty and movable property
Customer Physical and legal entities
Loan aim
  • Establishment of fruit garden
  • refrigerators, greenhouses, driers building,
  • trucks and agricultural aquipment purchase
Fines, penalties

Overdue loan amount daily 0.05%, overdue interest rate amountdaily  0.08% 

Early payment penalty

Is not applied

Loan service fee (once)

1.5% of loan amount

Loan processing

In 7 days after presentation of required documents 

Solvency assessment
  • Affirmative loan history,
  • cash flow analysis,
  • analysis of incomes and expenditures,
  • balance forming (if necessary)
  • visit to business, living place/economy 
Reduired documents
  • Applicant's (husband or wife) identification document 
  • marriage certificate (if the applicant is married),
  • identification documents of sureties,
  • property ownership certificate or other land ownerhsip certificate ,
  • reference from village
Updated:22/08/2019 11:33:31