IFAD VII refunding

Maximum amount

USD 250,000

Term

Up to 8 years

Grace period

2-4 years

Enterprises classified according to the Law 179/2016 on small and medium-sized enterprises (Micro-Entrepreneurs, Small and Medium-sized Enterprises Entrepreneurs, Young Entrepreneurs).

Equivalent of USD 250,000 depending on the business category.

Production, harvesting, processing of fruits, berries, vegetables –  in both greenhouses and unprotected spaces, medicinal and aromatic plants, herbs, seeds and planting material, field crops, including technical ones, table grapes, honey trees and shrubs (except for technical grape varieties, tobacco, forest and landscaping crops, activities that do not meet environmental requirements).

Livestock breeding, including the purchase of breeding animals, farm equipment and machinery.

Storage, sorting, processing, packaging of agricultural products; building of warehouses, halls, refrigerators and other facilities for storing own agricultural products, including seeds and planting material, or for the provision of services (except for constructions and buildings to be leased out to other entities).

Services for agriculture.

The procurement of second-hand equipment, machinery and other assets will be eligible only if the supplier ensures the good functionality of the goods at least for the duration of the loan.

Productive assets or working capital/services/works related to the investment.

Transport and installation costs related to the investment.

Agritourism.