Аgricultural Loan ''Partner''

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

The borrower must act in their own name and for their own benefit when receiving the loan funds. It is prohibited to obtain a loan for the benefit of a third party.

301,000-10,000,000 AMD 

0% 

30.32% - 35.54%

 3–84 months for the acquisition of working capital and fixed assets, as well as for other agricultural purposes (61–84 months – exclusively secured by 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.

 21–65 years of age (subject to change by the Credit Committee)

 0% of the loan amount 

 3–24 months: 1.55%
 25–84 months: 1.7% (monthly) on the loan principal amount. 

15.000 AMD 

Non-cash 

 Up to 10 months of grace period are available within each 12-month period.

The total amount of all loans up to 40,000,000 AMD (Armenian Drams) 

 Guarantee and collateral requirements: 

 

Guarantor requirements: 

 Guarantors must be 21–65 years of age (subject to change by the Credit Committee decision). 

 For loans of AMD 2,000,001 and above, at least one of the guarantors must be a family member of the borrower acting as a joint (solidary) guarantor. 

 In the absence of a joint guarantor, this requirement may be replaced by an external subsidiary guarantor.

 

Other conditions: 

 Each guarantor may be replaced by providing collateral in the form of a vehicle (with liquid value) covering at least 50% of the loan amount. 

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

 The above guaranteed requirements do not apply to loans secured by real estate; however, in such cases, the presence of at least one joint (solidary) guarantor is mandatory. 

 If necessary, the Credit Committee may require additional guarantors and/or collateral. 

 Any deviations from these conditions shall be approved by the Executive Director.

 

 

 For loans up to AMD 5,000,000 (inclusive):
The borrower has the right to fully or partially repay the loan early and fulfill the obligations under the agreement without paying any penalty. 

For loans of AMD 5,000,001 and above:
In case of early fulfillment of the obligations stipulated by the agreement, including full or partial early repayment of the loan, the borrower shall pay a penalty of up to 5% (five percent) of the early repaid amount, as partial compensation for the lender’s foregone expected income. 

 Moreover: 

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

✔ In case of partial early repayment of the loan:

✔ The borrower may, at their discretion, also make payments for future months as specified in the repayment schedule.
 
 In that case, repayments shall be made in the following order: 

The Borrower shall be exempted from making payments on the repayment schedule dates to the extent of the amounts paid in advance for future months.
 
 

4.  In case of partial early repayment of the loan, from the amount paid, the full upcoming payment specified in the Borrower’s repayment schedule shall first be charged. If the amount paid exceeds the amount due for the upcoming installment, the excess shall be directed toward loan repayment, except in cases where the Borrower specifies that the amount should be allocated to future months of the repayment schedule, as provided in Clause 6. 

In such cases, the interest amounts and service fees for future payments specified in the repayment schedule shall be recalculated based on the remaining loan principal, and accordingly, the service fees and interest for the following month(s) shall be reduced in proportion to the additionally repaid loan amount. 

In this case, the Borrower shall be informed that, due to early repayment, the future repayment schedule has been modified, and that to obtain a new repayment schedule and/or information on the next payment, the Borrower may apply to the Lender after one business day. 

If the Borrower chooses to receive the new repayment schedule via postal service, the Lender shall provide (send) it to the Borrower within 3–5 business days. In this case, the new repayment schedule may be provided (sent) only in a form unilaterally signed and stamped by the Lender’s authorized employee, without the Borrower’s signature. 

5.  If the amount paid is insufficient to fully cover the upcoming installment as defined in the Borrower’s repayment schedule, service fees and other charges shall be repaid first, followed by interest, and then the loan principal. 

6.  The Borrower has the right to pay amounts for future months under the repayment schedule, requesting that in such case the following order be applied: first, service fees and other charges for future months; then interest calculated as of the payment date; then service fees and interest for future months calculated on the remaining loan principal; and finally, the loan principal for future months, or may specify another repayment order. If no such request is made, the rule set out in Clause 4 shall apply. 

7.  In cases where the Borrower makes payments for future months in accordance with Clause 6, the Borrower shall be exempt from making payments on the scheduled repayment dates to the extent of such prepayments. 

The organization makes a decision regarding 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 loan approval. 

Annuity (The loan is repaid through equal monthly installments consisting of principal and service fees). 

 "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.