Agricultural Loans

Last Updated: 10.08.2023

Loan Purpose

Development of livestock, poultry, fishing and beekeeping
Development of horticulture and fruit and vegetable farming
Viticulture development
Greenhouses set up, purchase of seedlings, mineral fertilizers, oil and lubricants, purchase of equipment for chemical protection of plants and their services
Purchase and repair of equipment for cultivation of agricultural products
Construction and reconstruction of agricultural facilities and development of agricultural activities which are not prohibited by the legislation of the Republic of Uzbekistan

Loan Currency In National Currency and USD
Loan Amount Up to 25% of the bank’s authorized capital
Loan Term Working capital replenishment from 3 up to 24 months

Для других целей – до 60 месяцев
Grace Period 6 months
Loan Interest Rate Based on the contract
Loan Issuance Form In non-cash form
Loan Repayment Form Annuity (equal payments) or other forms depending on the project
Borrower's Share At least 25% of the project amount. At the same time, share in the project may be considered in form of own working capital, property and equipment.

At least 125% of loan amount

Following documents should be provided by entrepreneurs along with an application for agricultural loan:

Copy of Entrepreneurship Certificate
Borrower's identity document - copy of passport
Business plan with mandatory indication of the purpose, term and amount of loan and cash flow forecast
Collateral Documents
Other Documents Requested by the Bank

Entities of small business with the formation of a legal entity should provide following documents along with an application for agricultural loan:

Copy of the Company Charter and the constituent documents
Copy of certificate of legal entity registered by local authorities
Copy of license (if required by the activity type)
Financial statements (balance sheet, statement of financial results, statement of accounts receivable and accounts payable, as well as reconciliation statements for accounts receivable older than 90 days) for the last reporting period
Business plan with mandatory indication of the purpose, term and amount of Loan, cash flow forecast
Collateral Documents
Other Documents Requested by the Bank