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Agreement with the European Investment Fund on receiving a loan of EUR 2 million
At the end of last year, SIA AgroCredit Latvia signed an agreement with the European Investment Fund on receiving a loan of EUR 2 million and in the first quarter of this year has already started issuing loans to Latvian farmers within the framework of the EIF-funded programme “Employment and Social Innovation”. Farmers can apply for these loans provided that the amount of one loan does not exceed €25,000 and the total amount of funding provided per client under the programme does not exceed €50,000.
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