Istocno Novo Sarajevo -Loan program for agriculture


Ten agriculture producers received loan means for agriculture development in Istocno Novo Sarajevo municipality in total amount of 80.000 КМ

Considering all applications received, 10 loan applicants who fulfilling all necessary conditions had been approved by commission which members were: local councilors, municipal employers and experts. Priority was given to goods agriculture producers registered for this activity.

Municipality in its budget for 2008. predicted 80.000 КМ for realization of loan program intended for individual agriculture producers. In order to create basis for increasing number of agriculturists that are functioning on market basis, loan means were given very serviceably with minimum of interest.

Loan program will be realized through Bobar Bank. Municipality will be involved actively in all phases of means approves, starting with announcement of public invitation to the monitoring process and evaluation of results achived.

In 2007, municipality gave 50.000 КМ in the same way but for 14 agriculturists.

During2005 and 2006 , municipality gave unreturned means in total amount of 100.000 КМ, to the individual agriculturists. The means had been invested into fruit-growing, bee-keeping and pig-breeding.