ArmInfo. As part of the state program of subsidizing agroloans, for beneficiaries loans are available at an interest rate of 5%. Moreover, if farmers unite into cooperatives, the rate for this state program will be 3%.
As reported by the press service of the Ministry of Agriculture of the Republic of Armenia, for business entities residing in border settlements, who receive social support, loans are available at a 0% interest rate. Agricultural loans under this state program are provided in the amount of 3 million to 15 million drams, with a maturity of up to 5 years.
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