Agricultural firm from Tetyushsky district received funding under the program of the RT Guarantee Fund - "Entrepreneurship in rural areas»

10 million rubles for working capital received agricultural firm "Kolos " from Tetyushsky district.  The guarantee Fund subordinated to the Ministry of economy of Tatarstan acted as a guarantor for the amount of 4.5 million rubles. 

"Agrofirma Kolos"  grows winter and spring wheat, barley, peas, sugar beets, corn for grain and feed, perennial and annual herbs on 6 hectares of land. Owned by farmers – 1060 head of cattle, barns and calf sheds, warehouses for grain storage, 47 pieces of equipment and 56 pieces of equipment for tillage. During field work, the company works with partners to reduce the cost of transportation of seeds, fuels and lubricants, fertilizers and plant protection products.

Funding was allocated to farmers under the preferential program "Entrepreneurship in rural areas", the implementation of which in the Republic oversees the Ministry of economy. The maximum amount of guarantee under the program is 5 million rubles.  The guarantee Fund acts as a guarantor for up to 70 % of the loan amount.

For 9 months of 2019, according to the Director of the non-profit organization "Guarantee Fund of the Republic of Tatarstan" Timur Temirgaliev, 26 guarantees worth about 63.5 million rubles were issued under this program. The total amount of the loan to rural entrepreneurs amounted to 202.3 million rubles.