Within the framework of the project “Financing Sustainable Development of the Livestock Sector”, implemented with the support of the French Development Agency (AFD), entrepreneurs have access to loan funds for the modernization and expansion of farms. The program covers all regions of the country and is aimed at developing sustainable and efficient livestock models.
Main loan conditions
Loans are provided through commercial banks — JSC “Xalq banki”, JSCB “Microcreditbank”, JSCB “Business Development Bank”, and JSCB “Hamkorbank”.
- Interest rate — from 17% to 19%;
- Loan term — up to 10 years;
- Maximum amount — up to 1 million euros;
- Repayment schedule and down payment — at the bank’s discretion.
The funds can be used for the development of poultry farming, aquaculture, rabbit breeding, product processing, equipment purchase, and the implementation of alternative energy sources.
Borrower requirements
To obtain a loan, a business plan is required, as well as confirmation of available resources to implement the project, including land plots or property. Additional requirements, such as credit history and financial documents, are determined by the bank.
Loan application steps
The financing process includes several consecutive stages:
- Consultation at the bank;
- Collection and submission of documents;
- Application review;
- Approval and signing of the contract;
- Receipt of loan funds.
Additional opportunities
For sub-loans up to 100,000 euros, there is the possibility of receiving a grant subsidy, which helps reduce the financial burden and improves the project’s economics.
Thus, the project’s credit line promotes farm modernization, technology implementation, and the formation of a sustainable development model in the sector. Livestock farming, in turn, is one of the foundations of food security and stable incomes for rural residents.
