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The Criteria Of Medium And Long Term Loans

The following criteria will be taken into consideration when fixing the amount of any medium and long term loans.

A-For setting up warhouses for agricultural machines, vehicles and crops and fodders; livestock and poultry breeding; irrigation and waste disposal projects; set up fixed fridges, and purchase moveable ones for agricultural and animal products warehousing and marketing; modern irrigation products; fabricating both vegetal and animal agricultural products ; purchasing vehicles ; machines and tools required for agricultural and animal utilisation ; setting up basins and machines for fishing and fish and sponge breeding and marketing ; purchasing boats and their equipment for fishing and fish breeding and marketing; purchasing and setting up equipment for irrigation and sinking channels and wells; purchasing machines and equipment for poultry houses; purchasing machines for agricultural products separation, packing and classification ; fodder, fertilizers and both vegetal and animal agricultural products; sifting ; gridding and packaging cereals; fabricating boxes used for agricultural products packaging and transfer ; purchasing antifrost fans and air turbines for water drafting purchasing the maintenance workshops and stations equipment and tools:

1. Projects cost and the time needed it in light of machines, tools and other equipments prices.
2. The technical designs by specialists and the licenses and document accredited by the official bodies for this kind of works.
3. Enterprise feasibility study.
4. The estimated budget and the production plan of the peasant organizations under their  artificial personalities; as well as the public and mixed sectors.

B - For land improvements costs, enclosing and treeing:

1. Land area
2. Costs of improving, enclosing and treeing 1000m2.
3. The loan is paid in one full payment or in payments according to actual implementation phases.
4. Costs of land reclamation and improvement made by government vehicles will be paid according to the actual cost.

C-For purchasing livestock and animals :

1. The number to be purchased.
2. The current price at the loan date.

D . For sinking wells and setting up water sets:

1. A license to install an engine.
2. The farmer should finance the well sinking until the water appears, Agricultural cooperative Bank can contribute the sinking costs if a decision is made to finance  the rest of the enterprise.
3. Agricultural cooperative Bank inspects the well to be sure of water availability

E .For water sets for pumping from rivers , rivulet and dams;

      - A pumping license from the competent bodies

F . Loan's term and maturity date is defined according to the enterprise

     nature, provided that it does not exceed 10 years as it is shown in the need table.