According to the press service of the FRP, the maximum loan amount for purchasing livestock has now been increased from 2 million to 3 million soms.
For entrepreneurs engaged in the acquisition of breeding livestock, a credit limit of up to 5 million soms is provided.
The interest rate on these agricultural loans is 16% per annum, and the loan term can reach up to 60 months.
The loans are intended for entrepreneurs working in the livestock sector.
It is important to note that even individuals engaged in livestock breeding without the status of an individual entrepreneur or patent will be able to obtain financing of up to 500 thousand soms for purchasing livestock, provided they have a veterinary certificate regarding the herd.
Additionally, within the framework of this credit product, funds can be obtained for the development of crop production, poultry farming, horticulture, and other areas.
The Entrepreneurship Development Fund under the Ministry of Finance continues to provide preferential loans to support entrepreneurs.
For more information, you can contact the Fund's call center at: 0559 956 799.
