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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%.