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Interest Rate Subsidization Program for Loans Provided to the Agro-Food Sector

BENEFICIARIES

Eligible beneficiaries of the Program include individuals, legal entities, and individual entrepreneurs engaged in activities within the agro-food sector (agriculture and agro-processing) in the Republic of Armenia.

CONTENT

The Program aims to encourage investment in the agro-food sector on affordable terms by subsidizing interest rates on loans provided to individuals, legal entities, and individual entrepreneurs, improving lending conditions, supporting the establishment of agricultural and agro-processing production activities, and increasing production volumes.

The Program will be implemented in 2026–2027.

The loan amount available to each beneficiary ranges from AMD 1 million to AMD 2 million. However, the total maximum amount of loan(s) provided to the same beneficiary may not exceed AMD 2 million.

Loans are provided at an actual annual interest rate of up to 14%. Interest rate subsidies will be applied at a level sufficient to reduce the annual interest rate payable by the beneficiary to 0%.

https://www.arlis.am/hy/acts/223727/latest

LIMITATIONS

Each beneficiary may obtain loans from only one financial institution, within the applicable maximum aggregate loan limit.