About the program

If you want to start or develop buisness activity in rural areas and need additional funds for this, the state offers individuals and legal entities access to cheap financial resources through loan interest co-financing.

Preferential Agrocredit Project has been initiated by the Ministry of Environment Protection and Agriculture of Georgia and has been implemented by the Rural Development Agency since 27 March  of 2013.

The purpose of the project is to improve the processes of primary agricultural production, processing, storage and sale by providing the legal and natural entities with cheap, affordable long-term and preferential funds.

Within the frame of the project, the enterprises engaged in the processes of primary agricultural production, processing and  storage will receive the  preferential agrocredit/agroleasing from the financial institutions for fixed and current assets.

The loan shall be granted only to the individuals meeting the terms and conditions of the project.

Within the frame of Preferential Agrocredit Project, agrocredits shall be granted by the commercial banks and financial institutions involved in the project, in compliance with the terms and conditions set by the Rural Development Agency; Rural Development Agency shall not participate in credit application processing and credit granting activities.

The ‘Preferential Agrocredit’ project consists of the following financial products:

1. The ‘Preferential Agrocredit’ project - For current assets;

2. The ‘Preferential Agrocredit’ project - For fixed assets;

3. Preferential Agro Leasing

Resolution of Government of Georgia