Eligibility Criteria

Given successful loan application, purchase and usage of machinery or equipment and verification by an independent verification consultant the following grant eligibility criteria apply:

Eligible borrowers are:

     ·         Farmers;

     ·         Private enterprises operating in the agriculture sector registered and operating in the Republic of Tajikistan;

     ·         Up to 49 employees;

     ·         Maximum annual turnover / balance sheet total up to EUR 10,000,000.

     ·        Loan Purpose: purchase of new machinery and equipment, such as seeders, sprayers, tractors, soil

               preparation technology, planters, mowers, harvesters, storage/packaging and others, as approved under

               the ECTAP and defined in the list of eligible machinery and equipment (LEME).

               The grant to eligible borrowers will equal 20% of the ECTAP-loan received and will be paid upon purchase and
               usage of machinery or equipment and verification by an independent verification consultant.