Аgricultural Loan ''Standard''

A resident individual engaged in agricultural activities, registered in the Republic of Armenia, who earns stable income from agricultural operations (with at least 3 consecutive months of agricultural activity).

When receiving the loan funds, the borrower must act in their own name and for their own benefit. It is prohibited to take a loan for the benefit of a third party.

 301.000- 5.000.000 AMD 

3-48 months 18% - 49-84 months 19%

33.10 %-36.26 %

3–84 months for the acquisition of working capital and fixed assets, as well as for other agricultural purposes (the 61–84 month term is available exclusively with real estate collateral).

Depending on the client’s preferred payment date, the loan term may deviate from the specified number of months by up to 45 days.

 Aged 21–65 (subject to change by the Credit Committee). 

0% of the loan amount 

1% (monthly) on the loan principal balance

15.000 AMD 

Non-cash 

 A grace period of up to 10 months is available within each 12-month period. 

 The total amount of all loans shall not exceed 40,000,000 AMD (Armenian Drams) 

A subsidiary guarantor must be:

 Each guarantor may be replaced by collateral covering at least 50% of the loan amount (based on the liquid value of a vehicle). 

 In case of participation (shareholding) of other persons in the client’s agricultural activity, their guarantee is mandatory regardless of the loan amount. 

 The above guarantee requirements do not apply to loans secured by real estate; however, in such cases at least one joint (co-obligor) guarantor is mandatory. 

 The Credit Committee may require additional guarantors and/or collateral if necessary. 

 Any deviations from these conditions are approved by the Executive Director.

 The Borrower has the right to fully or partially repay the loan early, without paying any penalty, and to fulfill the obligations under the agreement ahead of schedule. 

Accordingly: 

✔ In case of full early repayment of the loan, the Borrower shall pay the interest accrued as of the payment date, service fees, other applicable fees, and the principal amount of the loan. 

✔ In case of partial early repayment: 

✔ The Borrower may, at their discretion, make advance payments for future scheduled installments. In such cases, payments are applied in the following order:
 

In this case, the Borrower is exempt from making payments on the scheduled dates to the extent of the prepaid amounts.
4.  In case of partial early repayment, the paid amount is first used to cover the full upcoming installment. If the payment exceeds this amount, the excess is applied to the loan principal, unless the Borrower specifies that it should be distributed across future months as described in clause 6. In such cases, future interest and service fees are recalculated based on the remaining loan balance, resulting in reduced future payments. The Borrower is informed that the repayment schedule has been changed and may request a new schedule from the Lender after one business day. If sent by mail, the updated schedule is provided within 3–5 business days and may be issued in a form signed and stamped only by the Lender.
5.  If the payment is insufficient to fully cover the upcoming installment, service and other fees are repaid first, then interest, and finally the principal.
6.  The Borrower may request that payments for future months be allocated in a specific order: first service and other fees, then interest accrued as of the payment date, then future service fees and interest on the remaining balance, and finally principal, or any other order specified by the Borrower. If no such request is made, clause 4 applies.
7.  If the Borrower makes advance payments for future months under clause 6, they are exempt from payments on the scheduled dates to the extent of those amounts.

 

 

 The organization makes a decision on the loan application within a maximum of 2 business days, and the loan is actually disbursed to the borrower within a maximum of 2 business days after approval. 

Annuity (the loan is repaid through equal monthly installments consisting of principal, interest, and service fee payments). 

"Arfin" UCO LLC will provide the client with information (statement) regarding the obligations arising from the loan agreement every 30 days. The statement is provided free of charge. You have the right to communicate with the financial organization through your preferred method: by postal mail, electronically, or by phone. 

ATTENTION: Poor credit history may hinder future loan processes.
 
Loans are processed at the office or representative branches of Arfin UCO LLC.
 

"Your Financial Directory" www.fininfo.am is an electronic system that facilitates searching, comparing, and selecting the most effective options of services offered to individuals. 

What is a credit history? Credit history shows how you have fulfilled and continue to fulfill all your financial and credit obligations. Your credit history includes only data from the last 5 years from the date of the credit history inquiry (received loans - their quantity and amount, type and terms of each loan, repayment performance, guarantees provided to other people, presence of overdue loans, as well as associated fines and penalties). Example: If an inquiry about your credit history is made in July 2024, your credit history will reflect information only from July 2019 onwards. We also inform you that receiving a credit report from ACRA Credit Bureau once a year is free of charge. You can obtain your credit report online from the ACRA Credit Bureau website (www.acra.am) once a year and check your credit behavior. If you notice any errors, contact the lending organization to correct them. 

 What is a SCORE? 

The score is a customer creditworthiness rating formed in the scoring system, which is obtained through the analysis of various available information about the customer and the application of statistical methods. Based on the score rating, the possible credit limit, term, and other conditions for a specific type of loan can be determined. 

Arfin UCO LLC uses the ACRA SP3 complete report in the lending process, through which customer data is collected and analyzed, as well as information from various available information sources such as ACRA Credit Bureau, EKENG, NORK, and other databases is analyzed. Internal analysis algorithms are based on several key parameters, including the customer's credit history and financial behavior, credit load, income, and other factors. 

To improve the SCORE rating, the borrower can: 

For more detailed information, you can visit the following links:
abcfinance.am
acra.am 
 

 The Terms and Conditions for the provision and subsequent servicing of loans were adopted and approved by Order No. 52 of the Executive Director of ARFIN UCO LLC, Mr. Ararat Jaghatspanyan, dated 23 April 2026.