A disproportionate amount - 14% of the banks` loan portfolio - is held by the share of the agricultural sector. Almost half of the loans - amounts from two to ten million UAH, available for small and medium agribusiness. Why are farmers still complaining that banks are not ready to support them?
The first thorn is in side of financial institutions: process of applying for a loan is long and difficult, the sowing campaign could be finished, until it is accepted. However, he second thorn is in farmers side: not everyone can and want to show their incomes and profits reliably. Therefore, banks require excessive lien in order to guarantee the repayment of a loan.
Attention! PA "National center of agrifinancing development" conducts a series of trainings at which farmers will learn how to use a service that facilitates access to credit. Agrianalytica’s online accounting service allows you to conduct any calculations and make company accounts without in-depth accounting knowledge in a simple and intuitive interface, leading by easy instructions. Banks will appreciate you as a reliable customer, because they will be able to see all the reports online, without requiring you to carry piles of documents in the department.
Find a reliable way to develop agribusiness! All places for October are occupied, but pre-registration for the next month is already open (the date is determined as the group is filled up).
For members of the PA "National center of agrifinancing development" participation is free! Not a member yet? We invite all farmers to membership.
