Agroloans

Conditions for the provision of agricultural loans:

Loan currency: KGS, USD
Loan amount: from 10,000 soms
Interest rate *: in soms from 18.5%, in US dollars from 12%
Loan term: up to 36 months
Repayment schedule: annuity, individual
guarantee:
* real estate
* mixed (movable + immovable property)
for loans up to 200,000 soms inclusive, it is allowed to issue under the surety of 1 person and on the security of movable property
for repeat customers on loans up to 250,000 soms, it is allowed to issue a surety of 1 person with a stable income and on the security of movable property

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 19.98%, in US dollars from 13.05%

**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.