Agroloans

Conditions for the provision of agricultural loans:

Loan currency: KGS, USD
Loan amount: from 10,000 soms
Interest rate *: in soms from 17%

Loan term: up to 36 months
Repayment schedule: annuity, individual
guarantee:

1. from 5,000 to 300,000 soms inclusive, without surety, without collateral and without the consent of the spouse
2. over 300,001 to 500,000 soms inclusive, under the surety of the 1st person (PRIORITY) and/or under the pledge of movable property and the consent of the spouse is mandatory
3. over 501,000 soms, the requirement for collateral in the form of real estate is mandatory

Borrower requirements:

• availability of land and / or conditions for keeping livestock
• work experience in a funded area for at least 12 months
• age from 18 to 65 years

List of main documents:

• a copy of the passport of the borrower and the spouse, guarantors (if any) and the pledger with the spouse, if the pledger is a third party
  documents on the marital status of the borrower (and the pledger, if any)
• certificate of registration of an individual entrepreneur, or a patent (with a loan amount over 500,000 soms)
• state land acquisition act or lease agreement (when using land)
• documents for pledged real estate, a vehicle (registration certificate, title documents, a certificate from the State Register about the absence of a ban
• documents for pledged movable property (if any), inventory of inventory items pledged

* effective interest rate: in soms from 20,75%

**The interest rate and repayment schedule depends on the requested amount, loan term, solvency, collateral provided and others. Sales specialist will provide you with the repayment schedule, according to the requested amount and the above conditions.