State projects
Preferential Agrocredit Project
Preferential Agrocredit Project
Preferential Agrocredit Project has been initiated by the Ministry of Environment Protection and Agriculture of Georgia and has been implemented by Rural Development Agency .
The purpose of the project is to improve the processes of primary agricultural production, processing, storage and sale by providing the legal and natural entities with cheap, affordable long-term and preferential funds.
Within the frame of the project, the enterprises engaged in the processes of primary agricultural production, processing and storage will receive the preferential agro credit/agro leasing from the financial institutions for fixed and current assets.
The loan shall be granted only to the individuals meeting the terms and conditions of the project.
Within the frame of Preferential Agrocredit Project, agro credits shall be granted by the commercial banks and financial institutions involved in the project, in compliance with the terms and conditions set by the Rural Development Agency. Rural Development Agency shall not participate in credit application processing and credit-granting activities.Â
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