Citizens who do not make livelihood by making livestock because of more employment is provided in cities compared to villages, they begin to migrate to cities. However, two major problems arise at this stage:
Increased unemployment rate in kets and a significant increase in food problem in meat foods. Aware of these problems, the state raised the necessity of encouraging citizens in the field of fattening by providing livestock loans .
What is Livestock Loan?
State power by entering into cooperation with the private banks, animal husbandry of the people living in the Republic of Turkey can be provided to finance livestock loan is called. In particular, it is one of the incentive credits given to the farmers living in villages to engage in fattening activities instead of migrating to the cities.
With this financing, it is aimed to reduce the unemployment rate and produce the necessary food production as a result of the farmers living in the village buying animals, establishing fattening farms and providing the necessary equipment. So, who can get livestock loans and which banks are providing this financing?
Who Can Get Livestock Loan?
Livestock loan ; cattle, poultry and cattle breeding. In this regard, the Ministry of Food Agriculture and Livestock in making various incentives, private and public financial institutions operating in Turkey facilitates the purchase animals by providing credit.
In addition to these, IPARD and IPARD2 projects are organized by the Agriculture and Rural Development Support Institution and interest-free animal loans and non-repayment livestock loans are provided within the scope of these projects.
Terms and Documents for Obtaining Livestock Loans
In order to prevent important problems in our country, the financial institutions cooperate with the state, give loans to farmers and citizens are encouraged for animal fattening. However, due to the different fields of activity of the projects, conditions and documents for obtaining livestock loans vary according to the financing to be utilized.
For example, the Ministry of Agriculture, which gives 30 thousand TL grant livestock loan , requires people to reside in the village, to apply for individuals between the ages of 25 and 40, and to be involved in activities such as cattle breeding, poultry farm, milk production, sheep and beekeeping. .
Good Finance livestock supports continue in 2017 , but as in previous periods, the institution provides financing only for plant equipment, preparation of products and farm equipment such as milking machines. Therefore, sheep, cows, turkeys, chickens, bees such as Good Finance does not remove animals.
In addition to state-funded livestock loans , private and state financial institutions in our country also provide financing for farmers to carry out livestock activities and purchase new animals. In order to do so , it is necessary to consult with the banks that provide livestock loans , to apply and to meet the application conditions.
Banks Lending Livestock
Good Lender Bank in Turkey, Vakıfbank and Halkbank, including the state-owned banks and three are 3 serves as livestock loans. In particular, Good Lender Bank is the most preferred financial institution with interest-free support packages among banks providing livestock loans .
Other banks meet the demands of their customers regarding animal husbandry with appropriate interest rates and payment terms. Thanks to these financing options offered with different interest and maturity options, the demand for the livestock sector is gradually increasing.