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:
· 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.