Credit at 3% for the development of seed production and nursery farming from Eldik Bank

OJSC Eldik Bank has launched a new preferential credit product, “Development of Seed Production and Nursery Farming in the Kyrgyz Republic,” aimed at stimulating the country’s agricultural sector. Under this program, financing is provided at 3% per annum.

The project is aimed at supporting:

• seed farms that have received the status of a seed farm and are engaged in growing seeds of agricultural crops;
• nursery farms engaged in growing and selling planting material of fruit and berry crops.

Credit terms:

• Interest rate: 3% (EPS 3.04%)
• Term: up to 36 months
• Grace period: up to 12 months
• Loan amount:

1. up to 300,000 soms - without collateral;
2. from 300,000 to 10,000,000 soms - with collateral.

Eldik Bank continues its course of supporting domestic producers and developing agriculture, offering affordable and effective financial solutions for farmers.