It is a short-term agricultural loan provided by the Oman Development Bank to finance a farming cycle with the aim of producing seasonal vegetable crops. The financing amount includes expenses for land preparation for farming, purchasing seeds and fertilizers up to harvesting and marketing, knowing that the loan is granted based on a single crop.
Program features:
The speed of obtaining the loan.
It is granted to all agricultural projects.
The interest should not exceed 3%.
Funding at a rate of 70% of the total project cost.
Each crop is treated as a separate loan.