SME Bank has developed a special credit product for agricultural cooperatives, which will be operators of the Farmer Island project in the country’s regions. The first trading point in the project was opened on December 17, 2021 in Ufa. About this “Lente.ru” reported in the press service of the bank.
Agricultural cooperatives have the opportunity to receive a loan with a fixed interest rate of 8.5 percent per annum for up to 36 months. Product registration is completely remotely. Borrowed funds you can finance the purchase of commercial and refrigeration equipment, specialized vehicles or to replenish working capital.
“The agricultural industry has always been and remains one of the most important areas. We understand that reliable financial support is needed for the development of farmers. Our new product is designed to agricultural producers of the regional level, which decided to unite in the agricultural processing and sell their high quality and environmentally friendly products in stores of federal retail chains. In SME, the Bank is confident in the success of the project “Farm Island” and his in demand from farmers in the regions, “Petr Potter, Chairman of the Board of SMEs, Chairman.
SME Corporation Regional warranty organizations can give a guarantee under the credit to agricultural producers participating in the Farmer Island project. In this case, enterprises will not need mortgage.
“Corporation of SME acts here not just the Organizer: We help to find a platform for the placement of” Farm Island “, negotiate with networks on lease conditions so that they are beneficial to our entrepreneurs, also take on the search for equipment and creating a rhythala beech, To minimize the spending on the construction of the store, “said Alexander Isaevich.
The implementation of the project “Farm Island” gives local entrepreneurs new opportunities for the implementation of their products. This is especially important for manufacturers of unique products, said Deputy Prime Minister Bashkortostan – Minister of Agriculture Ilshat Fazrahmanov.
“Our farmers and agricultural products produce koumiss, short, kaza and mass of other dairy, meat, fruit delicacies. They are difficult to deliver on the network, mostly this piece goods. Yes, we are implementing them on our numerous fairs, exhibitions, specialized trade fairs. Points. But until all this is not enough, and the new format of farming points in large network stores, which I was organized by SME Corporation, we encounter with great enthusiasm and enthusiasm, “said Ilshat Fazrahmanov.
“Farmer Island” is the development of the work of the SME Corporation on the placement of products of agricultural producers on the shelves of the largest federal retail chains.