Since the beginning of the year, 6,800 enterprises have received UAH 25.7 billion under the Government’s Affordable Loans at 5-7-9 programme. In total, 8,800 Ukrainian agricultural enterprises received almost UAH 42 billion in bank loans for farms development this year.
In particular, the largest volume of loans under the Affordable Loans at 5-7-9 programme was received by agricultural enterprises in the following regions:
Farmers in the following regions received the largest amount of loans under various programmes:
Background
The Affordable Loans at 5-7-9 programme simplifies access to bank lending for micro and small businesses. Farmers can receive a loan of up to UAH 90 million. Loans are provided at 5-9% per annum, depending on the loan category and type of business.