• Українською
  • 6,800 agricultural enterprises received loans under Affordable Loans at 5-7-9 programme this year
    Ministry of Agrarian Policy and Food of Ukraine, posted 12 July 2023 13:32

    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:

    • Kirovohrad region – UAH 3.2 billion allocated to 1,030 agricultural enterprises;
    • Vinnytsia region – UAH 2.7 billion (841 enterprises);
    • Odesa region – UAH 2.5 billion (651 enterprises);
    • Kyiv region – UAH 2.4 billion (542 enterprises).

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

    • Kyiv region – UAH 7.9 billion (672 enterprises);
    • Vinnytsia region – UAH 4.45 billion (1,035 enterprises);
    • Kirovohrad region – UAH 3.67 billion (1,263 enterprises);
    • Dnipropetrovsk region – UAH 3.6 billion (596 enterprises);
    • Odesa region – UAH 3.1 billion (800 enterprises).

    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.