5. The land plot intended for the establishment of a new perennial garden must be owned, co-owned, or leased by the borrower. In the case of agricultural cooperatives, it is permitted to invest the loan amount in land plots owned by the cooperative members/shareholders, in accordance with Georgian legislation. In the case of co-ownership, the co-owner(s) must provide consent for the use of the property throughout the loan co-financing period. If the land is leased, the lease period must not be shorter than the loan co-financing period.
6. The participant is obliged to ensure a full spend of the tranche during 6 (six) months from receive of each tranche (any purchase implemented with the amount of the loan (except the service should be implemented by the entrepreneur physical/legal entity registered under the rule defined by legislation of Georgia or through import) and to submit the audit report to the bank for confirmation of the fulfillment of the loan's purpose (except the refinanced loan) (for the loans approved including 500,000 Gel, the entities in the register of the "Accounting, Reporting and Audit Supervision Service" of the state sub-agency institution included in the system of the Ministry of Finance of Georgia, who have I, II, III or IVcategory; for the loans approved from 500,001 Gel, the entities in the register of the "Accounting, Reporting and Audit Supervision Service" of the state sub-agency institution included in the system of the Ministry of Finance of Georgia, who have I, II, or III category or LEPL "Levan Samkharauli National Bureau of Forensic Expertise”) during 7 months from issue of the loan or its tranche. If the beneficiary does not submit an audit report in the mentioned term, the agency will terminate co-financing to the beneficiary and after expiration of 12 months the agency will cancel the co-financing and secondary provision.
7. Within the sub-component is possible to issue the preferential agro-credit only for planting/arrangement of new gardens (purchase of seedlings is allowed only from the local nurseries and/or imports determined by the state program "Implant the Future") for the following purposes:
- Cultivation of stone and seed fruit species;
- Cultivation of walnut species;
- Cultivation of berry cultures;
- Cultivation of citrus and other subtropical cultures;
- Cultivation of tea, bay leaf and other technical cultures;
- Cultivation of perennial flowers;
- Cultivation of woody and fast-growing plant species;
- Arranging the irrigation and drainage systems (other than vine);
- Arranging the supporting systems (wire, columns) for the perennial plants (other than vine);
- Arranging the fence for the agricultural facility (columns, wire, barbed wire, wire net, electric fence), repair/arrangement of hail protection systems (nets, support system), as well as arranging water well, connection to water, electricity and natural gas supply sources and sewerage, purchase, installation, arrangement of renewable energy sources (other than vine);
- Purchasing the inventories for plant-growing (other than vine);
- Financing all expenses, including operating expenses, for the new commercial yielding of the new perennial crop planted under the subcomponent.
- Audit report value, not more than 1% of the loan amount, but not exceeding GEL 15,000.
- Construction of the auxiliary buildings (not more than 20 000 Gel).
News
From March 22 of this year until today, 6,651 preferential loans of 104 million GEL have been granted to promote the cultivation of annual crops
From March 22 of this year until today, 8,651 preferential loans of 131,4 million Gel have been granted to promote the cultivation of annual crops
9,713 loans with a value of 147.9 million GEL have been granted within the framework of the state project to promote the cultivation of annual crops from March 22 to now
Farmers can buy an agrodrone and a weather station with a preferential agro-credit
11,960 loans with a value of 187,5 million GEL have been granted within the framework of the state project to promote the cultivation of annual crops
The increased budget of the preferential agrocredit project for 2023 was set at 200 million GEL
The harvest from gardens co-financed under the state programs is successfully exported to Germany and the United Arab Emirates
With the financial support of the state, the company “Golden Farms” planted a garden of blue blueberries on 16 hectares and arranged refregirated farming
In Senaki Municipality, Rural Development Agency financed the planting of the blue blueberry garden and the creation of the cold farming
With the support of the Rural Development Agency and USAID a new enterprise was launched in the Kakheti region
The Rural Development Agency will issue co-financing in the direction of cattle breeding with new conditions
The farmer talks about the sale of the peach harvest with the government's support
Otar Shamugia Visited the "Geo Flower" Enterprise in Akhaltsikhe
The farmer tells us about the sale of the peach harvest and cold storage with the government's support
The farmer tells us about the sale of the peach harvest and cold storage
The farmer tells us about the peach harvest export and cold storage with the support of the state
2024 Results of the Rural Development Agency
Success stories
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Alexander Pirtskhalaishvili - Greenhouse of Roses
Taofood - Combined food enterprise

Tsintskaro + - Milk Processing Enterprise
