Moldovan commercial bank launches promotion campaign to encourage farmers to borrow agricultural loans

Chisinau, 15 February /MOLDPRES/ - The Commercial Bank Moldova Agroindbank (MAIB) has launch a promotion campaign titled, Agricultural Loans Reward You with Harvest!. The campaign promotes the providing of financial means to farmers promptly and in due time, to cover the needs related to the current activities. In this way, MAIB proposes a financial solution to farmers who face difficulties in the process of starting the spring agricultural works.  

Moldova Agroindbank has increased the maximum sum of the loan, which can be provided without safe deposit, up to 700,000 lei. Farmers applying for loans will put the future harvest in security and the financial resources are to be returned in the 18 months at the latest. Micro-enterprises, small enterprises, medium-business enterprises, peasant farms and individual enterprises working in the agricultural sector can benefit from financing.     

Agricultural producers may get financial resources for completing and financing the circulating capital, including the preparation of soil, purchasing seeds, fodder, cultivation of agricultural crops, breeding and fattening animals, birds, reception and processing of production, harvesting. Also, producers may apply for loans for investments to buy mechanisms, transport means, equipment or other assets related to business, construction, purchasing or repair of rooms related to the business.  

The applications for accessing the capital needed for the spring agricultural works can be submitted to the entire network of MAIB branches.

The promotion campaign titled, Agricultural Loans Reward You with Harvest!, will be held till 31 May 2018.

For additional information about the crediting offer, farmers may appeal to the Call Centre: (022) 268 999 or access the webpage of the bank: www.maib.md.