Under the rules approved by the President of the Republic of Azerbaijan, Mr. Ilham Aliyev, with the Decree dated December 19, 2018, individuals seeking to acquire agricultural machinery on credit can benefit from a structured financing model: According to the rules:
40% of the machinery’s value is covered by the Agrarian Credit and Development Agency (AKIA), paid directly to the supplier. 20% is paid by the buyer as a down payment. The remaining 40% can be financed by MCB NBCO through an interest-free loan, making the acquisition of modern agricultural machinery more accessible .Hundreds of farmers have already benefited from this program, acquiring essential equipment such as hay mowers, fertilizer spreaders and mixers, pesticide sprayers, potato planters and harvesters, balers, and more — all through the support of AKIA and MCB NBCO.
Leasing Terms for Agricultural Equipment
These credit terms are provided for informational purposes only. Final terms are determined individually, based on the customer’s profile and the specifics of the leased equipment
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Under the rules approved by the President of the Republic of Azerbaijan, Mr. Ilham Aliyev, with the Decree dated December 19, 2018, individuals seeking to acquire agricultural machinery on credit can benefit from a structured financing model: According to the rules:
40% of the machinery’s value is covered by the Agrarian Credit and Development Agency (AKIA), paid directly to the supplier. 20% is paid by the buyer as a down payment. The remaining 40% can be financed by MCB NBCO through an interest-free loan, making the acquisition of modern agricultural machinery more accessible .Hundreds of farmers have already benefited from this program, acquiring essential equipment such as hay mowers, fertilizer spreaders and mixers, pesticide sprayers, potato planters and harvesters, balers, and more — all through the support of AKIA and MCB NBCO.
** The listed projects are for informational purposes and are determined individually depending on the client and the leasing object.
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