Request forms for approval of ProCredit’s loans for farmers available on 25 locations at Agricultural Fair in Novi Sad

- At the moment, about 76m EUR worth of loans intended for agriculture and approved by ProCredit Bank are in circulation in Serbia, which represents the growth of about 62% in regard to the same period in 2006 – the bank announced.

Every month, about 1,600 farmers obtain loans whose average amount is about 2,700 EUR. During the last five years of work with the sector of agriculture, ProCredit Bank has approved more than 120m EUR worth of loans to individual agricultural manufacturers, collective farms and enterprises.

During the Agricultural Fair in Novi Sad, prior to May 19, the farmers are able to submit requests for loans on more than 25 locations at the Fair and to apply for the loans intended for procurement of machines, financing of sowing, increase in cattle fund, construction and purchase of agricultural facilities and procurement of agricultural land.