The 120,000 TL Young Farmer Support Loan prepared by Ziraat Bank is available through bank branches. Ziraat Bank offers an important financing option to young people who cannot find work in their field of study or who want to leave city life and return to the countryside. Under the farmer loan program, support of up to 120,000 TL is provided and this amount can be used to start agricultural activities.
What Are the Features of Ziraat Bank’s Young Farmer Agricultural Loan?
Ziraat Bank’s Young Farmer Loan aims to employ young people who are tired of urban life or who struggle to find jobs in cities and to involve them in production. Applications are ongoing for those eligible for the village return grant, and applicants who meet the requirements gain access to loan facilities.
In recent years, young farmers aged between 18 and 41 who returned to their villages have continued to receive a 30,000 TL grant. Those who settle in the village and begin agricultural or livestock activities receive this 30,000 TL state grant, and Ziraat Bank provides a loan of up to three times that grant amount.
With this arrangement, applicants can obtain loans of up to 120,000 TL. Within the project, Ziraat Bank aims to make it easier for young farmers to enter the sector and to finance expenses such as small and large livestock, tractors, land purchases, and greenhouse construction.
How Much Is the Ziraat Bank Young Farmer Agricultural Loan?
The limits of Ziraat Bank’s young farmer supports are detailed below:
- Ziraat Bank provides both grant and loan support as part of its village return program.
- The upper limit for the grant support is set at 30,000 TL.
- The bank’s loan support can reach up to three times the grant amount, with an upper loan limit of 90,000 TL. Loan amounts may be increased depending on needs.
- Recipients of a 10,000 TL young farmer grant are entitled to a loan equal to three times the grant, i.e., 30,000 TL.
- Those receiving a 20,000 TL village return grant are eligible for loans up to 60,000 TL.
- Loans taken under Ziraat Bank’s young farmer supports can be repaid at annual harvest times or according to monthly, quarterly, or semi-annual installment plans.
- The repayment term for young farmer support loans can be planned for up to seven years in total.
- Even if applicants are not eligible for the grant, they can still utilize Ziraat Bank’s support loans.
Following an agreement between Ziraat Bank and Agricultural Credit Cooperatives, it has been indicated that agricultural loans up to 100,000 TL may be provided interest-free.
What Are the Application Requirements for Ziraat Bank’s Young Farmer Agricultural Loan?
The agricultural loan application requirements to benefit from Ziraat Bank’s young farmer supports are explained in detail below:
- Turkish citizens aged between 18 and 41 are eligible for Ziraat Bank’s young farmer supports.
- To qualify, applicants are expected to return to their hometown and start an agricultural activity there.
- Applicants must register for and attend the Ziraat Bank Young Farmer Academy trainings in order to benefit from the supports.
- Entrepreneurs to be supported under the loan must not have previously received a state grant. Those who have benefited from grant programs such as KOSGEB or TKDK may apply only for interest-free loans.
- Applicants must not have an insurance record in another sector; existing employment should be terminated after application.
- Loan support can be used for land purchases, establishment of agricultural facilities, livestock facilities, protected cultivation, and many other agricultural investments.
- Applicants with past bank debts subject to legal follow-up cannot access young farmer supports unless they clear their outstanding debts.
- Applicants should have a strong credit score.
Those who meet the conditions can apply for the young farmer support loan at Ziraat Bank branches.
Which Documents Are Required for Ziraat Bank’s Young Farmer Agricultural Support Loan Application?
The documents required to benefit from Ziraat Bank agricultural support loans are listed below:
- Original and a copy of the applicant’s identity document
- Certificate of participation from the Young Farmer Academy
- Young farmer loan application petition
- Residence registration document
- SGK (social security) service statement
- Current income document
- Records for lands located in the applicant’s hometown
- A detailed project example describing the intended agricultural activity
- Identity copies of partners for joint enterprises
- Property documents proving ownership of assets
After submitting the required documents to Ziraat Bank branches, loan and grant applications will be entered into the system. Once recorded, the applications will be reviewed.
How to Apply for Ziraat Bank’s Young Farmer Agricultural Loan?
To benefit from Ziraat Bank’s young farmer supports, applicants must first register for the Young Farmer Academy trainings organized by the bank. After completing the trainings, obtain the participation certificate and take it along with the other required documents to a Ziraat Bank branch.
Once the documents are delivered to the branch, an assessment will begin to verify whether the applicant meets the program requirements. After the assessment is complete, a final decision on loan approval will be made.
What Are the Features of the Application Inquiry for Ziraat Bank’s Young Farmer Support Loan?
Loan application status for Ziraat Bank’s young farmer supports can be checked through the bank’s online inquiry system. For the inquiry, applicants will need their Turkish ID number and banking password. After logging in, the “My Applications” section should be opened and the “Young Farmer Supports” category selected to see whether the loan application has been approved.
What Is the Ziraat Bank Young Farmer Academy and What Are Its Features?
The Young Farmer Academy is designed to increase young people’s interest in agriculture and provides sector-specific training.
The aims and features of the Young Farmer Academy are as follows:
- The primary goal of the trainings is to create employment opportunities for young people in agriculture.
- The program encourages young people to increase their employment rate and establish their own businesses.
- It supports currently active young farmers to continue production with better skills and knowledge.
- The trainings help farmers acquire the necessary equipment and awareness for their fields.
Who Can Benefit from the Ziraat Bank Young Farmer Academy?
The eligibility criteria for participation in Ziraat Bank’s Young Farmer Academy are:
- Only Turkish citizens may participate.
- Participants must be over 18 and under 30 years old.
- Participants must reside within the borders of Turkey.
- At least a high school diploma is required.
- Male applicants must have completed military service or be exempt; military deferment is not accepted for applications.
- Applicants must be mentally competent and have full civil legal capacity.
There must be no obstacles to loan use for participation to be valid.