Affordable loans worth over UAH 26B provided to farmers this year – Leshchenko

Affordable loans worth over UAH 26B provided to farmers this year – Leshchenko

08.10.2021 10:39

Ukrainian farmers have received more than UAH 26 billion under the program “Affordable Loans at 5-7-9%” since the start of 2021.

Minister of Agrarian Policy and Food of Ukraine Roman Leshchenko wrote about this in his blog, Ukrinform reports, referring to the ministry’s website.

“This year, under the program “Affordable Loans at 5-7-9%”, farmers received almost half of the total amount of the program – more than UAH 26 billion,” Leshchenko wrote.

He noted that the Ministry of Agrarian Policy and Food called on the Ministry of Finance to extend the program for next year.

As reported, the Cabinet of Ministers approved a resolution to launch the program “Affordable Loans at 5-7-9%” from February 1, 2020.

On April 15, the Cabinet of Ministers increased the maximum amount of loan under the program from UAH 2 million to UAH 3 million, and expanded the list of investment purposes for which these loans could be granted.

According to data provided by the Ministry of Finance as of October 4, 2021, representatives of micro-, small- and medium-sized enterprises have received 24,594 loans for a total sum of UAH 64.8 billion since the program “Affordable Loans 5-7-9%” was launched.

(C)UKRINFORM 2021

3 comments

Leave a Reply to RedSquareMaidan Cancel reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.