Basic condition of funds

Lending conditions

1- all Iraqi people that ebngaged in agriculture or conduct aimed at or would like to establish a project for the development of livestock or fish, rehabilitation and execution of existing projects or agricultural service firms.
2- he must have completed eighteen years of age, or his representative if he was minor.
3- provide the legal document which supports his possession of the land or endorsement of the Department of Agriculture (the authorities).
4- to provide documents of the identity of the borrower (certificate, ID)
5- support housing a real estate guarantee to be provided to cover the required loan or ensure it by a personal guarantor from local employee or a letter of guarantee.
6- provide a written commitment of the implementation the project that he get the credit for, and otherwise the loan will consider due should be regain with an interest rate of 21% of the value of the loan (part or both ").