AGRICULTURAL COOPERATIVE BANK

 AGRICULTURAL COOPERATIVE BANK


 Home page >> Agricultural cooperative Bank goals and objectives >> Credit Goals: medium – Term Loans

Credit Goals:

Second : medium-Term Loans

more than one year and don't exceed five years. They finance the following :   

a.       Purchase vehicles, machines and tools required for agricultural and  animal utilization .   

b.      Land improvement .

c.       Purchase livestock and animals for breeding .

d.      Set up basins and machines for fishing and fish and sponage breeding and marketing . Purchase boats and their aquipment for fishing and fish breeding and marketing.   

e.       Purchase and set up equipment for irrigation and sinking channels and wells.

f.        Purchase machines and equipment for poultry houses .

g.       Purchase machines for agriculture products separation, packing and classification.

h.       Fabricate fodders, fertilisers and both vegetal and animal agricultural products.

i.         Sift, grid and package cereals.

j.        Fabricate boxes ( bottels, etc.) used for agricultural products packaging and transfer.

k.      Purchase anti-frost fans and air turbines for water drafting .

l.         Purchase the maintenance workshop's and stations equipment and tools.

Third : Long Term Loans

 more than 5 years and don't exceed 10 years. They are granted to finance the following ;

  1. Set up warehouses for agricultural machines, vehicls and fodders.
  2. Set up stockades of animals, livestock and poultry breeding.
  3. Irrigation & waste disposal projects.
  4. Land improvement, enclosing and treeing ; provicded that the first instaltment is due in the fifth year following the year of granting .
  5. Set up fixed fridges and purchase moveable ones for agricltural and animal products warehousing and marketing .
  6. Modern irrigation projects .
  7. Fabricate both vegetal and animal agricultural products.

 

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