Formation of the authorized capital of the Partial Credit Guarantee Fund in Agriculture
Currently approved support: none
Description and Calculations
According to the statute of the Fund, the authorized the funding of the Fund is is done from the State budget, as well as from other sources, that are not prohibited by law.
The minimum share of the state should be 51% (with no possibility to retreat, privatize, sale and alienate in any other way).
Allocation of funds in the amount of UAH 3 billion (equivalent to USD 100 million) will allow about 16,000 small and medium-sized farms to guarantee loans in the amount of UAH 24 billion. The multiplication factor is 1: 8.