Since its establishment, Koopbank has always been supportive to the farmers and animal breeders from every sector, by meeting the finance needs of both all cooperative establishments and all of our community dealing with agriculture and animal husbandry carrying out activities in that field. Koopbank has been doing so, thanks to both a widespread service network and specialized personnel in agriculture and animal husbandry credits, and with the objective to be able
- To use Agricultural inputs at the right time and with the right technology,
To reduce the costs in vegetal and animal production,
To produce with quality and high productivity,
To process, stock and easily market the cultivated crops,
To deploy advanced technology in production,
To increase agricultural revenue and prosperity.
Agriculture and Animal Husbandry Loan Products
Agriculture and Animal Husbandry Input Credits issued to cooperatives :
Credits are provided to cooperative members to be used in purchasing chemical fertilizers, all types of seeds, animal fodder and agricultural chemicals through our bank via cooperative enterprises.
A term of 1 year for these types of TL credits.
Input loans provide the possibility for farmers and breeders to make repayments after selling their products rather than a monthly repayment plan.
Agricultural vehicle-equipment loan
Loans to be used in purchasing tractor, reaper, baler, and equipment used in animal husbandry.
A term of up to 3 years for these types of TL and foreign currency credits
Repayment dates of animal breeders are set on the Milk Collectors’ payment days of so that the repayment is deducted from the milk payment that the producer will receive.
Agriculture and Animal Husbandry Project Loans
Two types being credit funds (State incentives) or of bank source to be used in the Agriculture and Animal Husbandry
Fund sourced (State incentives) loans to the agriculture and animal husbandry sector are fixed by the State at certain periods. Those types of loans being continuous, detail information should be obtained at our branches.
Project loans provide financing to farmers and animal breeders in the following fields :
- Building of a pen and its modernization,
- Cold chain systems installation,
- Milking systems installation
- Purchase and installation of different machines and supplies used in agriculture or animal breeding,
- Establishing electricity infrastructure for water wells to be used for agricultural and animal husbandry purposes,
- Purchase of fishing boat and equipment,
- purchase and working capital credit regarding Greenhouse activities,
Fund sourced loans are given in YTL and with up to a five year term
Based on a flexible repayment plan, payments are made monthly, quarterly, semi – annually or yearly.
The loan amount is directly given to the seller/supplier upon invoice presentation.
How can I apply?
Agriculture and animal husbandry loans can be applied for, either by affiliation to a cooperative or individually.
The documents required for application depending on the credit type can be accessed from our bank’s branches or from member cooperatives.
When can I know about the outcome of my application?
Your loan application will be evaluated and the outcome communicated to you as soon as possible. Credit application evaluations take at least one week.
click here for Agriculture and Animal Husbandry loans’ interest rates.
