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CartuBank

CartuBank


A joint Cartu Bank and Agricultural and Rural Development Agency agro credit program gives the entrepreneurs an opportunity to develop their farms and enterprises. Under the program (http://rda.gov.ge/projects/read/agro_credit/5:parent) you can get financing for the purposes below:

FINANSING THE AGRICULTURAL WORKING ASSETS:

1.1. Crop farming:

  • Funding current costs of annual seed grains and seedlings; 
  • Funding current costs of pesticides, organic and mineral fertilizers, biohazard plant protection substances; 
  • Hiring labor and renting agricultural machinery and vehicles; 
  • Funding agricultural machinery and vehicle fuel and lubricant current costs;
  • Funding greenhouses energy carrier’s current costs; 
  • Lease of agricultural lands to grow annual crops.

Maximum credit term – 18 months; the costs within the credit term shall be financed.

For detailed information, please, visit the link: http://rda.gov.ge/projects/read/agro_credit/7:child

1.2. Cattle breeding:

  • Purchase of non-breeding and young domestic animal, poultry and fish 
  • Purchase of bee families and beehives;
  • Funding current costs of domestic animals, poultry and fish food (including the organic food);
  • Funding current costs of vet preparations (including the organic preparations);
  • Fuel and lubricants, farm building climate forming energy carriers; 
  • Hiring labor and renting agricultural machinery and vehicles; 
  • Funding agricultural machinery and vehicle fuel and lubricant current costs;
  • Funding current costs of the energy carriers in farming facilities;
  • Renting pasturelands, hayfields and cattle facilities for the credit term.

Maximum credit term – 18 months; the costs within the credit term shall be financed.

FINANCING THE AGRICULTURAL FIXED ASSETS:

  • Purchase of breeding and productive livestock, poultry and fish;
  • Construction of greenhouses, fish tanks and pools; 
  • Construction, purchase of irrigation systems; 
  • Purchase and installation of climate forming equipment and machinery for greenhouses and farm facilities; 
  • Connecting greenhouses, water tanks, pools and farm facilities to water, power, natural gas and sewage systems; 
  • Repairs of fences and poles for perennial plants; 
  • Fencing an agricultural facility (poles, wire, barb wire, wire mash, electric fence); 
  • Purchase of the crop farming and cattle breeding inventory; 
  • Repairs of the agricultural machinery, vehicles, facilities and greenhouses. 

Maximum credit term – 36 months; the costs within the credit term shall be financed

 

MAIN TERMS OF THE PROGRAM
Credit amount 40,000 - 100,000 USD
Credit currency GEL
Instrument Credit
Grace period  
for the principal max 12 months
for credit interest max 6 months 

The program gives you an opportunity to:

  • Rapidly expand your farm; 
  • Get an extremely low interest rate credit; 
  • Get a business-specific credit repayment schedule. 

For detailed information, please, follow the link: http://rda.gov.ge/projects/read/agro_credit/8:child

For more information, please call us 24 hours a day at (+995 32) 200 80 80 or visit the nearest service center.