The opening of the Partial Credit Guarantee Fund for Agriculture in the Rivne region has become an important step in supporting agricultural producers in the area. Thanks to this program, local farmers have already received the first two loans for the development of their activities, totaling over 2 million hryvnias.
This is reported by Rivne24
The fund is ready to guarantee up to 80% of the loan for various purposes: for working capital – up to 3 years, and for investments – up to 7 years.
To take advantage of these benefits, agricultural producers must meet certain requirements:
- own or lease agricultural land of up to 500 hectares;
- be registered in the State Agricultural Register.