Investment loans to support the development of agricultural production and food production
Support for the development and growth of micro, small, medium-sized enterprises, entrepreneurs and clusters from the agro-industry and food production sector, through incentives for improving production capacities, expanding production, introducing new technologies, improving competitiveness, financing projects of local, regional and national importance.
The interest rate is 5.40% on an annual basis with a proportional interest calculation system.
Loans approved under this credit line, financed from the funds of the European Investment Bank (EIB), will be approved at an interest rate of 0.5% to 0.7% lower than the defined interest rate.
For entities that implement projects in the municipalities of the northern region and in municipalities that are below 100% of the average value of the development index in Montenegro, special incentives will be approved in the form of a 0.50% interest rate reduction.
Depending on the price of the available sources of financing, the interest rate may be higher, with which the beneficiary of the Fund's funds should be properly informed.
The fee for direct arrangements is 0.20% of the approved loan amount.
The deadline for using the loan is 24 month.
Note: IDF MNE JSC also implements this Program through commercial banks. See more details in the text of the Program .
The interest rate is 5.40% on an annual basis with a proportional interest calculation system.
Loans approved under this credit line, financed from the funds of the European Investment Bank (EIB), will be approved at an interest rate of 0.5% to 0.7% lower than the defined interest rate.
For entities that implement projects in the municipalities of the northern region and in municipalities that are below 100% of the average value of the development index in Montenegro, special incentives will be approved in the form of a 0.50% interest rate reduction.
Depending on the price of the available sources of financing, the interest rate may be higher, with which the beneficiary of the Fund's funds should be properly informed.
The fee for direct arrangements is 0.20% of the approved loan amount.
The deadline for using the loan is 24 month.
Note: IDF MNE JSC also implements this Program through commercial banks. See more details in the text of the Program .