Monday 23/March/2026 – 03:39 AM
Many farmers are searching for the necessary financing for the national veal revitalization project in cooperation with the Ministry of Agriculture and Land Reclamation, which provides soft loans with decreasing annual interest in accordance with the initiative of the Central Bank of Egypt.
Target groups for Veal Loan
- Livestock breeder.
- Associations and companies working in animal production.
- Young graduates
Loan financing limit
- Financing up to a maximum of 400 thousand pounds per person
- 2 million pounds for associations and companies
- Purchase financing: a maximum of EGP 10,000 per head.
- Nutrition financing: a maximum of EGP 5,000 per head.
Advantages of the Veal Loan
- Annual declining simple interest.
- Purchase financing of 75% of the price of one head, with a maximum of 10,000 pounds.
- Financing nutrition, fodder and serums with a maximum of 5 thousand pounds per head.
- No administrative expenses.
- Livestock insurance policy.
- Repay the loan at the end of the course.
Documents required to obtain a petalo loan
- A valid copy of the national ID card of the customer and the guarantor.
- Recent facilities receipt.
- Title/lease deed for the project headquarters.
- Commercial register and corporate tax card.
