Loan for crop cultivation

Loan concept Provision of loans to the rural residents for the cultivation, production, processing and storage of crops and to meet other needs of farming, as well as assisting in the development of the agricultural sector.
Advantages • possibility to receive loan funds by tranches under the "credit line"
•  possibility to provide with flexible repayment schedule based on the client’s option and considering the peculiarity of agricultural activity • Individual approach to the client
• Possibility to receive a grace period • Possibility of early repayment without penalties and interest payment only for actual used days • Incentives for repeated lending and availability of positive loan history
Loan amount Up to 100 000 TJS;  equivalent in dollars;
Loan term Up to 24 months
Interest rate (per annum) from 28% to 34% TJS; from 19% to 22%;
Commission fee  0%
Collateral flexible approach to collateral
Requirements to borrowers Citizen of RT, age- from 18 up to 65 years old, with regular income
Documentation ·         copy of passport;
·         copy of Tax ID;
·        certificate on land use/plot certificate/lease agreement/ statement from the Jamoat on availability of President land or farmland;
·         1 Photo - size 3х4;
·         passport copy of husband/wife;
·         copy of passport, Tax ID and income statement (for guarantor)
Period of application review  from 3 up to 5 days**

* Since the moment of provision of necessary documents

* Loan Calculation is made by annuity (equal) payments

Arvand

Microcredit Deposit-Taking Organization

1a, Lenin Str., Khujand,
Republic of Tajikistan

+992 (92) 795-00-01
office@arvand.tj