This year, farmers in Kyiv region received more than UAH 14.5 billion in loans for farm development

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Since the beginning of 2024, 789 agricultural producers in Kyiv region have received over UAH 14.5 billion in bank loans. Under the 'Affordable Loans 5-7-9' program, 477 agricultural enterprises received almost UAH 3 billion.

Since 2024, 789 agricultural producers in the Kyiv region have already received more than UAH 14.5 billion in bank loans for the development of their farms. This was stated by the Kyiv Regional Military Administration, UNN reports.

Details

The Department of Agricultural Development of the Kyiv RSA emphasizes that 477 agricultural enterprises received almost UAH 3 billion in loans under the state program "Affordable Loans 5-7-9" alone. 

Within the framework of the program "Affordable Loans 5-7-9%" at 5-9% per annum, depending on the loan category and business entity, farmers can receive a loan of up to UAH 90 million. It is worth noting that the program is constantly updated, taking into account the current conditions and challenges facing agricultural producers 

- RMA explains. 

The agency also added that the owners can use the funds to buy equipment, support their businesses, improve working conditions, and thereby maintain or even increase the number of jobs.

Ukraine expects to harvest 27 million tons of early grain23.07.24, 17:04

Volodymyr Omelchenko Economy
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