Credit for the development of agriculture
OJSC "Tojiksodirotbank" provides loan intended for the development of agriculture.
Beneficiary: a legal entity registered and operating in accordance with the legislation of the Republic of Tajikistan, an individual.
Duration: not more than 1 year.
Activity: the cultivation of raw cotton.
Security: availability of security acceptable to the Bank, secured by real estate, the harvest of raw cotton; amount of the collateral must exceed the loan amount requested 2 times.
Requirements for the borrower:- Have no debts to foreign investors;
- Have no debts to the bank, budget, Social Fund and other creditors;
- Complete with a profit the previous crop year;
- Availability of land acquisition and availability of fixed assets;
- A good credit history.
Financing Terms:Loan Currency: Somoni or US dollars.
Term: up to 1 year.
Interest rate: lower interest rate compared to commercial. lending.
Benefits to the Borrower: commission management services and will be charged.