• Українською
  • Over UAH 30 billion in loans received by farmers this year under Government’s Affordable Loans at 5-7-9 programme
    Ministry of Agrarian Policy and Food of Ukraine, posted 07 September 2023 13:21

    Since the beginning of the year, more than 10,500 Ukrainian agricultural enterprises have received UAH 52.7 billion in bank loans for the development of farms. Of these, more than 8,100 enterprises received UAH 31.4 billion in loans under the Government’s Affordable Loans at 5-7-9 programme.

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

    • Kyiv region – UAH 9.8 billion (775 enterprises);
    • Vinnytsia region – UAH 5 billion (1,189 enterprises),
    • Dnipropetrovsk region – UAH 4.7 billion (718 enterprises);
    • Kirovohrad region – UAH 4.2 billion (1,472 enterprises);
    • Odesa region – UAH 3.7 billion (945 enterprises).

    The following regions received the most loans under the Affordable Loans at 5-7-9 programme:

    • Kirovohrad region – UAH 3.6 billion (1,186 enterprises);
    • Vinnytsia region – UAH 3.3 billion (945 enterprises);
    • Odesa region – UAH 3.1 billion (761 enterprises);
    • Kyiv region – UAH 2.9 billion (624 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 entity.