Main goal – To achieve the social development of rural areas upon rendering credit services.
Scope – The West and North West regions of the Republic of Azerbaijan.
Crediting subjects – Individuals and legal entities, family rural economics, joint debtors.
Purpose of credit embraces the followings:
∙ crop production;
∙ livestock production;
∙ agrarian-processing fields;
∙ purchase of agricultural techniques and equipment;
∙ services rendered to the agricultural goods producers;
∙ delivery of agricultural goods;
∙ trade operations to be implemented in the rural areas.
Life of a loan:
Short term – allowance term for principal amount of a debt up to 9 months (taking into account the peculiarity of the submitted project), up to 24 months.
Long term – the allowance term being up to 12 month on the principal amount of a debt (taking into account the peculiarity of the submitted project), up to 60 months.