Subsidised Agri Loans in 2019

10/05/2019

The Ministry of Agriculture Programme for 2019 has commenced and is identical to the previous year. Regardless, in order to support and facilitate implementation of the programme with the Ministry, we have prepared a brief summary as follows:

Loan beneficiary

  • Private individual – Holder of the commercial family agricultural holding*
  • Entrepreneur
  • Legal entity **
* Private individual 
Holder of a commercial family agricultural holding
Entered into the Farm Register in accordance with the law governing agricultural and rural development
Private individuals entitled to favourable financing conditions:
A person who is not over the age of 40 in the current year
A person who is a female
A person residing in an area experiencing difficulties in agricultural production prescribed by the Rulebook which defines areas experiencing difficulties in agricultural production
** Legal entity
Agricultural cooperative with a minimum of five members entered into the Farm Register as holders or members of five separately registered agricultural holdings.
Classified into micro or small legal entity in accordance with the law governing accounting.
 

Loan purpose:

  1. development of livestock including the purchase of animals and animal insurance premiums as prescribed by the Rulebook; 
  2. development of crop farming, fruit growing, viticulture, vegetable production and floristry; 
  3. investments in agricultural machinery and equipment;
  4. procurement of animal feed;
  5. investments in machinery and equipment utilised in plant production

Maturity

Loans for purposes 1 to 4 may be used with the repayment period of 1 to 3 years, and loans for purpose number 5 may be used with a repayment period of 5 years.

Maximum loan maturity is 3 years for Private individuals - holder of a commercial agricultural holding, residing in an area experiencing difficulties in agricultural production, i.e. is not over the age of 40 in the current year, i.e. is female.

As stated above, from last year, loan maturity is 5 years.

Loan amount

  • Private individual – holder of a commercial agricultural holding and an Entrepreneur may be entitled to a loan provided that the total amount of the loan does not exceed RSD 6,000,000.
  • Legal entity may be entitled to a loan provided that the total amount of the loan does not exceed RDS 18,000,000.

Loan conditions

Holder of a commercial agricultural holding (private individual, entrepreneur, legal entity)

  • fixed interest rate of 3%
  • cost of processing a loan application 1.5%
  • loans in RSD
  • maturity up to 5 years

Holder of a commercial agricultural holding – private individual (under 40 years of age, female, resides in an area experiencing difficulties in agricultural production)

  • fixed interest rate of 1%
  • cost of processing a loan application 1.5%
  • loans in RSD
  • maturity up to 5 years

3 years

Investments in agricultural machinery and equipment as follows:
1) machinery and equipment for crop and herb production:
(a) tractors and tractor cabins,
(b) machinery for basic preparation and pre-cultivation of soil,
(c) machinery for crop sowing,
(d) machinery for the protection of crops from diseases, pests and weeds,
(e) equipment for storing, processing and packaging of oil crops, cultivated herbs, cultivated mushroom varieties,
(f) equipment for storing, processing and packaging of forest herbs and medicinal herbs collected in nature, 
(g) tractor trailers,
(h) combine harvesters and combine adapters,
(i) maize harvesters;
2) machinery and equipment for fruit growing, vegetable production and floristry:
(a) specialised tractors for fruit and vegetable production, 
(b) machinery for the sowing and planting of vegetables and flowers,
(c) machinery and equipment for the protection of fruits, vegetables and flowers from diseases, pests, weeds, hail and cold, 
(d) equipment and material for growing fruits, vegetables and flowers in plastic-covered facilities, 
(e) machinery for fruit, vegetable and ornamental plant harvesting,
(f) equipment for washing, calibrating, grading, polishing and packaging of fruits, vegetables and flowers, as well as box pallets for storing fruits and vegetables in cold storages and cold storage cooling devices, 
(g) machinery for the removal of residue after fruit pruning,
(h) equipment for the packaging of planting materials for ornamental plants (seeds, bulbs, seedlings),
(i) mulchers,
(j) hexagons with connectors (mulcher with a connector),
(k) green harvest machine,
(l) fertilizer feeders,
(m) mechanical equipment for protection of plants;
3) equipment for cereal dryers, oilseeds, vegetables, fruits and medicinal herbs; 
4) irrigation machinery and equipment;
5) machinery and equipment for livestock production:
(a) machinery and equipment for bulky livestock fodder,  
(b) milking, milk cooling and storage equipment, 
(c) equipment for animal watering and feeding automatized systems,
(d) machinery for the manipulation of manure and liquid manure,
(e) equipment for the ventilation of facilities for livestock breeding, 
(f) equipment for the breeding and thermoregulation of pig and poultry farms, 
(g) specialised equipment for poultry farms producing table and breeding eggs,
(h) beekeeping equipment,
(i) certified trailers for the transportation of bees and beehives,
(j) certified cargo vehicles for the transportation of built beehives;
6) silo equipment (silo cells, horizontal and vertical transporters, purifiers); 
7) equipment for the control of crops and oilseeds during transport;
8) equipment, i.e. measurement control instruments on slaughter lines
9) equipment – solar panels for agricultural holdings.

 

Only purposes listed in the table below, may be financed for 5 years.

5 years
Investments in machinery and equipment specifically used for plant agricultural production:
1) tractors and tractor cabins;
2) tractor trailers;
3) combine harvesters and combine adapters;
4) specialised tractor for fruit growing and viticulture; 
5) maize harvesters;
6) machinery for basic preparation and pre-cultivation of soil;
7) machinery for crop sowing;
8) machinery for the protection of crops from diseases, pests and weeds;
9) machinery for planting vegetables and flowers;
10) machinery and equipment for the protection of fruits, vegetables and flowers from diseases, pests, weeds, hail and cold;