Головна Economics and agricultural policy Preferential loans for agrarians of Lviv region have become even more accessible

Preferential loans for agrarians of Lviv region have become even more accessible

One of the directions of the Complex program of support and development of agriculture in Lviv region in 2021-2025 is the granting of soft loans on returnable basis.

In 2022 agrarians will be able to obtain such credit at 0% per annum, as “ProAgo Group” reports referring to the information of the Department of Agricultural Development of Lviv Oblast State Administration.

It is noted that regional budget funds are provided:

  • at 5% per annum for business plans in the amount of up to 700 thousand UAH for up to 5 years with a delay of repayment of the principal amount up to 1 year;
  • at 0 percent per annum for recovery of losses caused by emergencies for up to 5 years (without deferred repayment of the principal amount) in the amount of up to UAH 300.0 thousand for legal entities and UAH 100 thousand for individual entrepreneurs
  • at 0 percent per annum for business entities, the heads of which are participants of the ATO, for implementation of business plans in the amount of up to UAH 700 thousand for the period of up to 5 years with deferred repayment of the principal amount up to 1 year.
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