National Guarantee Fund (NGF) – MAF 2016-2018

Guarantee agreement with NGF and Ministry of agriculture. The aim of the scheme is to facilitate access to finance for farmers in Bulgaria.

Who can apply?

  • Registered farmers
  • Beneficiaries of the RDP

What loans are granted?

  • Loans for investment and working capital purposes
  • Loans for implementation of projects under the Programme for Rural Development of the Republic of Bulgaria (2014–2020 г.)

What are the advantages of the program?

  • The guarantee covers up to 50% of loans granted by commercial banks, but not more than 3 billion BGN.
  • Lighter requirements for collateral.
  • Lower interest rates on loans

Deadline for inclusion of securities in the portfolio: June 30, 2023