BESA-AGRO LOAN


    

• Are you interested to expand your farm?
• Are you interested to construct a greenhouse, to purchase seeds or new modern agriculture machineries?
• Do you want to increase the number of livestock or to process the livestock products?

Fondi BESA offers the best solution through the agriculture loan ”BESA AGRO”

With the agriculture loan, you will decide yourself how much you want to repay monthly. The application procedures are simple and transparent! Visit us in one of the nearest offices and our staff will welcome you.

LOAN CHARACTERISTICS:

   

  AMOUNT   50,000 – 3,500,000 ALL
  CURRENCY   ALL
  TERM   Up to 5 years (60 months)
  FEE   1-3% according to loan term
  COLLATERAL   Mortgage, Lien, Pledge, Endorsement depending the loan term and conditions.
  REPAYMENT Irregular: Based in the production cycle, this loan might be repaid in irregular monthly
installments, flexible, seasonal. The monthly repayment amount will be calculated based
on the client monthly income.
  INTEREST   Interest rate is consistent with:
• Loan amount and terms
• Collateral to be used as a guarantee for the loan
• Number of loans the client has benefitted
  CLIENT CONTRIBUTION   Not less than 30% of the total investment value

  

For further information and examples with nominal and effective interest rate please download the Leaflet

“BESA AGRO PROJECT” LOAN


    

Do you need a loan to start or expand an agricultural activity?

If you have an agricultural activity in area of Malësia e Madhe or Përmet – Fond BESA, in cooperation with VIS Albania and CESVI offer loans with the aim of improving the quality of life of rural households, promoting start-ups and clients’ social inclusion.

This loan aims to finance agricultural, livestock, agro-processing activities, whether these start-ups or existing ones.

LOAN CHARACTERISTICS:

   

  AMOUNT   50,000 – 500,000 ALL
  CURRENCY   ALL
  TERM   1-3% depending on loan term
  FEE   1-3% according to loan term
  COLLATERAL   Mortgage is not a necessary condition for obtaining a loan. Lien, Pledge.
  REPAYMENT Depending on client preference:
Flat – equal installments for the whole repayment period.
Declining – Interest is calculated on the remaining amount of principal
  INTEREST   Interest rate is consistent with:
• Loan amount and terms
• Collateral to be used as a guarantee for the loan
• Number of loans the client has benefitted
  CLIENT CONTRIBUTION  Not less than 30% of the total investment value

  

For further information and loan examples with the nominal and effective interest please download the Leaflet.

This loan is delivered under “BESA AGRO PROJECT”, cofinancing of Fondi BESA and VIS Albania and CESVI

       
          

“BESA AGRO EaSI” LOAN


    

NO MORTGAGE!

Loans for all those who want to increase their agricultural and livestock production, invest in activities related to the processing and sale of agricultural and livestock products!

Thanks to the European Union’s support under the “Employment and Social Innovation” Program, to enhance the development of the agricultural sector and for supporting the entrepreneurial youth initiative, Fondi BESA and the European Investment Fund (EIF) have signed a Guarantee Facility to supporting these activities.

In the framework of this cooperation, Fondi BESA offers borrowers more competitive and attractive loan conditions than the normal credit conditions for agricultural loans provided so far. So, customers benefit:

• Interest rate reduced by at least 0.3%
• No collateral
• Customers may decide for themselves how much money they want to repay monthly, thus pursuing their cash flow cycle.

Availability period – up to 25 May 2019

Whoever is interested is encouraged to apply and benefit from these preferential terms which are made possible from the EIF support.

LOAN CHARACTERISTICS::

   

  AMOUNT   Up to 3,500,000 ALL
  CURRENCY   ALL
  TERM   Up to 5 years (60 months)
  FEE   1-3% depending on loan term
  COLLATERAL   Mortgage is not a necessary condition for obtaining a loan. Lien, Pledge.
  REPAYMENT Irregular:Based in the production cycle, this loan might be repaid in irregular monthly
installments, flexible, seasonal. The monthly repayment amount will be calculated based
on the client monthly income.
  INTEREST   Interest rate is consistent with:
• Loan amount and terms
• Collateral to be used as a guarantee for the loan
• Number of loans the client has benefitted
  CLIENT’S CONTRIBUTION   Not less than 30% of the total investment value

  

For further information and loan examples with the nominal and effective interest please download the Leaflet.

Example:

 

Loan AmountAnnual InterestTerm (months)
500,00015.5%12
1,000,00013.5%12
3,000,000 16.5%24

• Figures are approximate. For accurate figures, you need to get the right information at your nearest office of Fondi BESA in your city.

   

For further information, please read below:

http://ec.europa.eu/social/microfinance,

http://ec.europa.eu/social/socialentrepreneurship,

http://www.eif.org/what_we_do/microfinance/easi/

This funding is supported by the European Union under the Guarantee Scheme established under Regulation no. 1296/2013 of the European Parliament and Council on the Program for Employment and Social Innovation.

To apply for this loan product, please contact the nearest Fondi BESA office or phone +355 42 25 38 41/2.

       
          

“BERZH AASF” LOAN


    

Agricultural loans for all farmers and residents of rural and semi-rural areas who develop income-generating activities both in the field of agriculture and non-agricultural activities, which in their nature are related to the processing of agricultural products.

Eligibility Criteria

(a) It is a company, enterprise, firm, business, sole proprietor, or other legal entity formed under the laws of the Republic of Albania or an individual registered as an entrepreneur in accordance with the laws of the Republic Albania.

(b)  It is engaged in one of the following economic activities:

(i) Primary Agriculture: including (1) livestock farming, (2) crop farming, (3) growing seeds or herbs, (4) growing vegetables or fruit, and (5) the manufacture or production of fertilizers or edible oil;

(ii) Agri Equipment, Logistic and Service Providers: including (1) farming machinery and equipment suppliers, and (2) silos and refrigerated storage;

(iii) Agri Processing: including (1) bakeries and patisseries, (2) meat slaughtering and processing, (3) egg and dairy producers, (4) edible oil producers, (5) packaged food producers, and (6) water, non-alcoholic beverages, beer and wine producers; or

(iv) Agri Wholesale and Retail: including (1) agri-commodity and food wholesalers, and (2) food retailers.

(c) It is operating primarily in the Republic of Albania.

(d) The activity is registered and operate in compliance with the Albanian legislation   

LOAN CHARACTERISTICS:

   

  AMOUNT   50,000 – 3,500,000 ALL
  CURRENCY   ALL and EURO
  TERM   •working capital: max 36 months;
•investments: max 48 months
  FEE   1-4% depending on loan term
  COLLATERAL   Mortgage, Pledge, Endorsement, Cash collateral depending on loan term.
  REPAYMENT Depending on client preference:
Flat – equal installments for the whole repayment period.
Declining – Interest is calculated on the remaining amount of principal.
Irregular: Based in the production cycle, this loan might be repaid in irregular monthly
installments, flexible, seasonal. The monthly repayment amount will be calculated based
on the client monthly income.
  INTEREST   Interest rate is consistent with:
• Loan amount and terms
• Collateral to be used as a guarantee for the loan
• Number of loans the client has benefitted
  GRACE PERIOD   In accordance with the type of activity the client can apply for grace period 1 – 6 month,
in accordance with the income generation cycle in agriculture.
  CLIENT CONTRIBUTION :  Not less than 30 % of the total investment/Project value

  

For further information and loan examples with the nominal and effective interest please download the Leaflet.

This loan is delivered under “BERZH AASF” Project, cofinancing of Fondi BESA and ERBD and Albanian Government

       
          

“ZANA E MALEVE” LOAN


    

Are you 18 to 35 years old and want to start a business or further develop an existing business in the field of agriculture and tourism? – Fondi BESA in cooperation with VIS Albania support you with loans with favourable conditions.

The loan product “Zana e Maleve” is targeted for financing businesses that develop activities in agriculture, tourism or financing young people 18 to 35 years old who want to start an activity or develop their activities in these sectors in the Municipality of Malësia e Madhe and Shkodër Region.

LOAN CHARACTERISTICS:

a) Loans are approved in Albanian currency (ALL);

b) Collateral is not a necessary condition for the approval of the loan;

c) The interest rate is calculated on the remaining principal amount;

d) The monthly interest rate is 1.25% per month calculated on the remaining outstanding;

e) The loan amount is different depending on the business asking for financing;

f) The grace period is up to six months and the loan term is up to 48 months;

g) Disbursement fee is 1 – 2% depending on the loan term.

       

This loan is delivered under “ZANA E MALEVE”, cofinancing of Fondi BESA and VIS Albania