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.

Availability period: 15 March 2014 to 14 March 2017.

LOAN CHARACTERISTICS:

AMOUNT	The maximum loan amount is 500,000 ALL
CURRENCY	ALL
DURATION	Up to 3 years (36 months)
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	15% 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

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