The deadline for the sovereign guarantee in agriculture ends - What are the criteria that qualify agribusinesses for financing up to 250 thousand euros?
Applications for Soft Loans and Sovereign Guarantees from businesses in the agricultural sector, at commercial banks, close on November 20, 2025. Farmers and agribusinesses who have an investment plan in agriculture, livestock, agro-processing, agricultural mechanization, rural tourism and marine aquaculture, who have applied to second-tier banks for Soft Loans with an interest rate of 2%, as well as Sovereign Guarantees with 70% collateral covered and who meet the appropriate criteria, will be beneficiaries of this instrument.
The Sovereign Guarantee with a fund of 3 billion lek, or 30 million euros, is an instrument that has been placed at the service of the private sector with the aim of facilitating access to finance for farmers and Small and Medium Enterprises.
The aim of these instruments is greater financial access with a focus on investments that increase production capacity and quality in agricultural activities.
The Albanian government has signed agreements with 11 commercial banks in the country to enable the application of the sovereign guarantee in the agricultural sector, and the loans must be disbursed no later than December 20, 2025.
The guarantee stimulates lending by banks to enable micro, small and medium-sized enterprises in the agricultural sector, as well as farmers equipped with NPT, to invest in physical and technological assets that increase their production capacities, production quality and operational efficiency.
According to the agreement, the government undertakes to pay 70% of the loan received from banks in the event that it is not repaid by the borrower, but does not undertake to guarantee interest, late fees and penalties or any other type of monetary obligation arising from the loans.
According to the agreement, the total amount of loans granted by banks to a borrower must not exceed 250 thousand euros and the loan term cannot be less than three years and greater than 5 years.
To qualify for credit, entities must meet certain criteria set out in the agreement.
Specifically, the applicant must be an entity that develops activity as a micro, small, medium-sized enterprise or a farmer with an active grandson; be registered with the National Business Center; must not have unpaid obligations at the time of application; must not have problem loans; the entity's representative must not have been judged by a final decision for fraud, corruption, involvement in a criminal organization or any other type of illegal activity that damages the financial interests of public funds, and must not have historical and current obligations to the Ministry of Finance arising from previous state guarantee schemes.
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