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| Loans for Agriculture Development |
Agriculture Development Program by JSC "Basisbank"
JSC "Basisbank" provides credits for development of agriculture in rural areas with the support of the Government of Georgia, International Development Association and International Fund of Agriculture Development.
Persons eligible for a loan in the aforementioned program must be legal entities meeting the following requirements:
- Having an experience in the activities in the field as stipulated in the suggested project
- Financial participation covering 25% of the project cost
- Authorized capital of the project participant being at least 35% of the amount of loan applied for
- Direct implications of the project for raising the social background in rural areas
Eligible activities: agro-processing, packaging and sorting, production of agricultural materials, etc, excluding the kinds of activities with a possible environmental impact.
Terms for Loans
- Loan payback period: 1-10 years (3-6 months exempted)
- Loan amount: $25000-$300000
- Interest rate: >15% annual
Advantage will be given to the projects with the legal entities as presenters having alternative sources of income.
Please send the application with a brief description of project activities and attached financial data to: agriculture@basisbank.ge
Project information sheet
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