ArmInfo. 115 beneficiaries became participants of the state program of subsidizing leasing between April 1, 2017 and , 2018 May 31 this year, who were granted a total of 245 units of agricultural machinery, including 103 tractors, 2 combines and 140 units of other equipment, the press service of the RA Ministry of Agriculture informs.
According to the source, in January-May 2018 alone 47 beneficiaries were granted 81 units of agricultural machinery, including 35 tractors and 46 units of other equipment.
Within the framework of the program, lease holders have the opportunity to purchase various agricultural equipment on lease on the following terms: prepayment - 20%, interest rate - 2% yearly. The repayment period varies from 3 to 10 years depending on the type of equipment: combines - 10 years, tractors - 3-6 years, and other equipment - 3 years.
Repayments are made monthly on the principle of repayment of the main debt in equal shares, and the interest rate is calculated on the residual loan amount. In addition, at the request of the le se holder, a deferred payment of up to 6 months is applicable.
Under this state program, it is possible to purchase tractors of different brands, grain harvesters, balers, seeders, plows, mowers, potato-sowers, potato diggers, cultivators, trucks, sprayers and other agricultural equipment.
A video of the program implementation process is available by following link: https://www.youtube.com/watch?time_continue=1&v=fe-pN6A54Ec To recall, the state program of subsidizing leasing started on April 1, 2017 with the signing of a memorandum between the Ministry of Agriculture of RA and the Bureau for Implementing Rural Development Programs of the RA Government Staff, as well as other participants of the program: Spetsmash LLC (Gorgeous Gardens LLC ), Motoblok LLC, Haloper LLC, CARD AgroService CJSC, ACBA Leasing company, Universal Credit Company (UCC), Farm Credit Armenia, Card Agro Credit and Development and Investment Corporation of Armenia "(DICA, formerly referred to as" SME Investments").
