• Українською
  • Farmers have received UAH 43 billion for farm development since the beginning of the year
    Ministry of Agrarian Policy and Food of Ukraine, posted 16 May 2024 10:12

    Since the beginning of the year, 6,724 agricultural enterprises have received UAH 43.2 billion in bank loans for development. Of these, 3,980 farms were financed for UAH 18.3 billion under the Government’s Affordable Loans at 5-7-9 programme.

    Farmers in the following regions received the largest amount of loans under various programmes:

    • Kyiv region – UAH 12.8 billion (623 enterprises);
    • Kirovohrad region – UAH 2.78 billion (825);
    • Dnipropetrovsk region – UAH 2.6 billion (490);
    • Ternopil region – UAH 2.6 billion (265);
    • Lviv region – UAH 2.5 billion (399);
    • Vinnytsia region – UAH 2.49 billion (641);
    • Poltava region – UAH 2.28 billion (383);
    • Odesa region – UAH 2.2 billion (553).

    Under the Affordable Loans at 5-7-9 programme, the top recipients were enterprises in the following regions:

    • Kyiv region – UAH 2.34 billion (367 enterprises);
    • Kirovohrad region – UAH 1.8 billion (533);
    • Vinnytsia region – UAH 1.7 billion (403);
    • Kharkiv region – UAH 1.64 billion allocated to 251);
    • Odesa region – UAH 1.3 billion (354);
    • Volyn region – UAH 1 billion (215);
    • Dnipropetrovsk region – UAH 1 billion (243).

    Background

    Concessional financing for agricultural producers under the Affordable Loans at 5-7-9 programme in 2024-2025 is made possible with the support of the World Bank under the Ukraine Agriculture Recovery Inclusive Support Emergency (ARISE) Project. The programme facilitates access to bank lending for micro and small businesses. Farmers can receive a loan of up to UAH 90 million. Loans are granted at 5-9% per annum, depending on the loan category and type of business entity.