The 'CPA غلة' loan is a short-term loan designed specifically to meet cash flow needs relating to the financing of the agricultural or exploitation season. It enables you to maintain and develop your activities with complete peace of mind.

Who is it for?

The “CPA غلة” Agricultural Campaign Loan is intended for professionals working in the agricultural and agri-food sector, whether individually or as part of a federation.

On An Individual Basis:

- individual farmers and livestock breeders;

Agricultural cooperatives, economic groups, associations and federations.

Agricultural service units;

- Warehouses for widely consumed agricultural products.

Agricultural Production Units (APUs, formerly pilot farms);

- Packagers and exporters of agricultural products;

Companies and cooperatives operating in the development of agricultural sectors, including promotion, processing, storage and export.

On a Federal Basis:

- Companies and economic operators involved in integration;

- cooperatives and groups involved in processing and promoting domestic production.

Are already mentioned above

Credit characteristics:

The CPA credit is granted according to the following types, whether individual or federative.

- CPA غلة credit (commercial rate).

- Subsidised 'CPA غلة' credit.

Loan amount: Up to 100% of the requested amount, depending on the customer's business volume.

Loan term: Up to 24 months depending on the length of the campaign or agricultural season.

For loans subsidised by the Ministry of Agriculture, the term is set at a minimum of nine (9) months and a maximum of eighteen (18) months, depending on the campaign or agricultural season duration.

Deferment period: No deferment period

Period of use: This is equal to the duration of the granted credit according to the agricultural season's needs.

Interest rate:

-Commercial rate: The interest rate is variable and is set out in the Bank's General Terms and Conditions.

- Subsidised rate: 6% per year excluding tax (100% subsidised by the Ministry of Agriculture).

Repayment terms: The loan is repaid in one instalment at the end of the campaign period or operating cycle.

Fees and commission:

The customer must pay the application review fee upon submission of the application (non-refundable), the amount of which is set out in the Bank's General Terms and Conditions.

A management fee, as set out in the Bank's General Terms and Conditions, will be applied to the granted financing, depending on the loan amount.

Possible guarantees (at the Bank's discretion):

• A conventional or legal mortgage on the farm in the case of land under concession or private ownership.
• Mortgage guarantee on a third-party farm.
• Joint and several guarantees from partners, cooperative members, or members of a legally constituted group (for legal entities).
• Pledge of the goodwill, including equipment.
• Subscription to the Agricultural Guarantee Fund and Investment Credit Guarantee Fund (FGA-CGCI).
• Subscription to insurance policies depending on the type and purpose of the financing, with delegation to the bank;
• Multi-risk professional insurance + Natural disasters insurance;
• Multi-risk livestock insurance (cattle, poultry and bees);
• Multi-risk crop insurance;

Supporting documents required: depending on the nature of the activity and the legal status of the business:

• A credit application quantified and signed by the customer.
• Proof of payment of the application examination fee.
• A copy of the professional farmer or livestock breeder card issued by the CNA.
• A copy of the commercial register for economic entities operating in the production, processing, storage and/or valorisation of agricultural products.
• A valid identification form issued by the CNA.
• Copy of the articles of association for legal entities.
• Minutes of appointment and delegation of powers to the manager/chief executive officer, etc.
• A copy of the applicant's valid identity card (if the applicant is a natural person) or of the manager/chief executive officer (if the applicant is a legal entity).
• A certificate of residence at the permanent address, or any other document proving the applicant's exact address.
• A recent certificate of no debt from the bank of Agriculture and Rural Development BADR (less than three months old).

 For active farmers (natural persons/legal entities), as applicable:

• Balance sheets and income statements for the last three financial years, stamped by the tax authorities; or Tax declaration for those subject to the flat-rate tax regime (IFU).
• Balance sheets and projected income statements for a period of 3 years.
• Simplified projected accounting statements (income and expenditure) for three years for applicants subject to the flat-rate scheme.

For novice farmers (individuals or legal entities):

• An opening balance sheet.
• Balance sheets and projected income statements for the duration of three 3 years.
• Tax and social security statements, either cleared or accompanied by a repayment schedule.
• A copy of the title deed, concession title or lease for the agricultural land or any other land used for the planned activity, published at the land registry.
• A negative certificate of mortgage registration dated less than three months ago for borrowers who are property owners.
• A copy of the environmental services authorisation for projects relating to livestock farming (sheep, cattle, goats, poultry, etc.).
• A copy of the health approval (if necessary) or any other authorisation to carry out the activity.
• A report on the existence, expertise and valuation of the real estate, premises, land or building (industrial and/or livestock, warehouse, etc.) offered as collateral, drawn up by a consulting office approved by the Bank.
• A valued production plan issued or validated by the National Office for Rural Development Studies (BNEDER).
• A provisional cash flow budget detailing monthly supplies and operating expenses, duly justified (by pro forma invoices for materials and products to be purchased, or other supporting documents) drawn up or approved by the National Office for Rural Development Studies (BNEDER).

Bring your agricultural projects to life with bespoke financing.

Are you a farmer, livestock breeder, processor or other stakeholder in the agri-food chain?

Do you have an investment project to develop your farm, modernise your equipment or increase your production?

CPA Agricultural Investment provides flexible and advantageous financing solutions that are tailored to the specific needs of the agricultural sector.

Sustainably finance your agricultural and agri-food projects

Who is this credit for?

CPA Agricultural Investment is an investment loan aimed at all professionals in the agricultural and agri-food sectors who are seeking to create, modernise or expand their farms and infrastructure, either individually or in partnership.

Eligible clients benefit from interest rate subsidies on financing under CPA Agricultural Investment, provided by either the Ministry of Agriculture, Rural Development and Fisheries or the General Directorate of the Treasury.

Eligibility conditions

The following are eligible for financing under the CPA Agricultural Investment scheme:

- Owners of private land and holders of concessions for agricultural and/or livestock farms belonging to the private domain of the State, either individually or collectively.

Farmers and livestock breeders, either individually or organised in cooperatives or agricultural interest groups;

- Subsidiaries of the public enterprise for public enterprise for the development of strategic agricultural crops (public economic enterprise/joint stock company/ for the development of strategic agricultural crops) (EPE/SPA/DCAS);

- Economic enterprises involved in the production, processing, valorisation and exploitation of agricultural and agri-food products;

- Economic entities active in the agri-food sector on non-agricultural land;

Tenants of private agricultural land with notarised lease agreements and property eligible for a mortgage who do not intend to construct real estate infrastructure on the land.

For a loan subsidised by the Ministry of Agriculture, the project must be validated by the relevant province's Agricultural Services Directorate (DSA).

Funded intervention areas

The CPA Agricultural Investment Loan covers:

- The creation and equipping of agricultural and/or livestock farms;

- The modernisation of existing agricultural and/or livestock farms;

- The intensification, processing and enhancement of agricultural and livestock products requiring financing.

- The storage and preservation of agricultural products, especially those intended for mass consumption.

- The packaging and export of agricultural products;

• Any other activity within the agricultural or agri-food sector.

Financing Conditions

-Loan Amount: Up to 90% of the total project cost.

-For loans subsidized by the Ministry of Agriculture, financing is capped at:

• 100 million DZD for individual loans
• 200 million DZD for federative loans.

Term and deferment period

-    Credit term: Up to 15 years, depending on the nature of the project (including deferment period):

• Deferment period (including the utilization period):
• Up to 2 years for medium-term credit

-    Up to 5 years for long-term credit

-    Utilization period:

• Up to 12 months for medium-term credit
• Up to 24 months for long-term credit

interest Rate and Subsidy

The CPA Agricultural Investment loan (MTC/LTC) accrues interest at rates set by the current General Banking Conditions

This interest rate may be partially subsidized by the Treasury according to regulatory provisions.

For investments eligible for Ministry of Agriculture financing, the conditions are as follows:

-Interest rate (MTC/LTC) 5.50% per year excluding tax, partially subsidized as follows (at the beneficiary's expense):

• For southern regions:

• % for the first 8 years
• 1% from the 9th to 10th year
• 3% from the 11th to 13th year
• From the 14th year onwards, the beneficiary bears the full interest rate.

• For other regions:

-     0% for the first 6 years

-     1% from the 7th to 8th year

-     3% from the 9th to 10th year

-     Beyond the 10th year, the beneficiary bears the full interest rate

Release of funds

Once the conditions for granting the loan have been met, the funds will be released in the form of bank cheques made out to the supplier(s) or the production company, depending on.....

Repayment terms

Repayment of the CPA agricultural investment loan (medium-term or long-term) is based on a quarterly, bi-annual or annual schedule (principal and interest), depending on the nature of the activity of the agricultural season. 

Fees and commissions

The customer must pay the application review fee upon submission of the application (non-refundable), as set out in the Bank's General Terms and Conditions.

Financing granted will be subject to management and commitment fees, as set out in the Bank's General Terms and Conditions, depending on the amount of credit granted and the disbursements made.

 Required guarantees:

The guarantees required will be decided on a case-by-case basis at the Bank's discretion.

- A conventional or legal mortgage on the farm in the case of land under concession or private ownership.

- Mortgage guarantee on a third-party farm.

- Joint and several guarantees from partners, cooperative members, or members of a legally constituted group (for legal entities).

- Pledge of equipment. 

- Pledge of goodwill, including equipment.

- Pledge on rolling stock;

Subscription to the Agricultural Guarantee Fund and Investment Credit Guarantee Fund (FGA-CGCI).

- Subscription to insurance policies depending on the type and purpose of the financing, with delegation to the bank;

- Multi-risk professional insurance + Natural disasters insurance;

- Multi-risk livestock insurance (cattle, poultry and bees);

- Multi-risk crop insurance;

- All-risk rolling stock insurance (agricultural equipment).

• Application compilation

Depending on the nature of the activity and the legal status of the business, the application must contain the following documents:

• A credit application quantified and signed by the customer.
• Proof of payment of the application examination fee.
• A copy of the professional farmer or livestock breeder card issued by the CNA.
• A copy of the commercial register for economic entities operating in the production, processing, storage and/or valorisation of agricultural products.
• A valid identification form issued by the CNA.
• Copy of the articles of association for legal entities.
• Copy of the tax registration card (NIF).
• Minutes of appointment and delegation of powers to the manager/chief executive officer, etc.
• A copy of the applicant's valid identity card (if the applicant is a natural person) or of the manager/chief executive officer (if the applicant is a legal entity).
• A certificate of residence at the permanent address, or any other document proving the applicant's exact address.
• A recent certificate of no debt from the bank of Agriculture and Rural Development BADR (less than three months old).
• For active farmers (natural persons/legal entities), as applicable:
• Balance sheets and income statements for the last three financial years, stamped by the tax authorities; or
• Tax returns for those subject to the flat-rate tax regime (IFU).
• Balance sheets and projected income statements for the full term of the requested loan.
• Simplified projected accounting statements (income and expenditure) for three years for applicants subject to the flat-rate scheme.
• For novice farmers (individuals or legal entities):
• An opening balance sheet.
• Balance sheets and projected income statements for the entire duration of the requested loan.
• Tax and social security statements, either cleared or accompanied by a repayment schedule.
• A technical and economic study prepared or validated by the BNEDER covering the entire duration of the project.
• A copy of the title deed, concession title or lease for the agricultural land or any other land used for the planned activity, published at the land registry.
• A negative certificate of mortgage registration dated less than three months ago for borrowers who are property owners.
• A copy of the environmental services authorisation for projects relating to livestock farming (sheep, cattle, goats, poultry, etc.).
• A copy of the health approval (if necessary) or any other authorisation to carry out the activity.
• A report on the existence, expertise and valuation of the real estate, premises, land or building (industrial and/or livestock, shed, etc.) offered as collateral, drawn up by a design office approved by the Bank.
• Estimated cost and quantity of any development, renovation, extension or refurbishment work on livestock and farm buildings, issued by a design office approved by the bank.
• Pro forma invoices for the equipment and rolling stock to be purchased.
• A provisional schedule of capital expenditure by category.
• A valid building permit and related technical documents (in the case of construction or extension financing), as well as authorisation for works for other interventions (e.g. renovation, reallocation and rehabilitation).
• For “CPA agricultural investment loans subsidized by the Ministry of Agriculture:

- Project validation certificate issued by the Province Agricultural Services Directorate (DSA/Province).

Who is this loan for?

The “TABRID” loan is intended for agricultural producers wishing to finance the construction of cold rooms or refrigerated warehouses with a capacity of 300 m³ to 5,000 m³, exclusively for the storage of their own production.

Eligibility conditions:

The following are eligible for the 'CPA TABRID' loan:

- any agricultural producer (owner or holder of a concession of agricultural land belonging to the private domain of the State);

- Holders of a farmer's card;

- Those who can prove that their production requires cold storage.

- Projects that have been technically approved by the province's agricultural services.

The following are excluded from 'CPA TABRID' financing:

- applicants who have already received similar financing (fully or partially subsidised) in the past;

- Applicants with outstanding debts or rescheduled loans until they have been repaid in full.

- Applicants whose expansion projects exceed existing production capacity.

Characteristics of the loan

Loan amount: Up to 90% of the total project cost, up to a maximum of 150 million dinars.

Loan term: Based on the project's profitability study, up to ten years.

Medium/long-term credit interest rate: The interest rate is set at 5.50% per annum, excluding tax.

Subsidy rate: 100% covered by the Ministry of Agriculture.

Repayment terms:

- Loan repayment: quarterly, semi-annually or annually, depending on the production cycle.

Deferment period: depending on the nature of the activity:

- Up to two years for a medium-term loan

- up to five years for a long-term loan.

The utilisation period (included in the deferment period).

- Up to 12 months for a medium-term credit.

Up to 24 months for long-term credit.

Release of credit

Once the conditions for setting up the credit have been validated, it is released in the form of bank cheques made out to the name(s) of the supplier(s) and the contractor.

Fees and commissions

Upon submission of the application, the customer must pay the application review fee (non-refundable), the amount of which is set by the Bank's General Terms and Conditions in force.

Financing granted will be subject to management and commitment fees, as set out in the Bank's General Terms and Conditions, depending on the amount of credit granted and the disbursements made.

Requiredguarantees

- A conventional or legal mortgage on the farmed land

- Mortgage guarantee on a third-party, if applicable.

- Joint and several guarantees (for legal person).

- Pledge of equipment. 

- Subscription to the Agricultural Guarantee Fund and Investment Credit Guarantee Fund (FGA-CGCI).

- Multi-risk professional insurance + Natural disasters insurance;

• Application compilation

• A credit application quantified and signed by the customer.
• Proof of payment of the application examination fee.
• A copy of the professional farmer or livestock breeder card issued by the CNA.
• A copy of the commercial register for economic entities operating in the production, processing, storage and/or valorisation of agricultural products.
• A valid identification form issued by the CNA.
• Copy of the articles of association for legal person.
• Copy of the tax registration card (NIF).
• A recent certificate of no debt from the bank of Agriculture and Rural Development BADR (less than three 3 months old).
• For active farmers (natural persons/legal entities):
• Balance sheets and income statements for the last three financial years, stamped by the tax authorities; or Tax declaration for those subject to the flat-rate tax regime (IFU).
• Balance sheets and projected income statements for the full term of the requested loan.
• Simplified projected accounting statements (income and expenditure) for three years for applicants subject to the flat-rate scheme.
• For novice farmers (individuals or legal entities):
• An opening balance sheet.
• Balance sheets and projected income statements for the entire duration of the requested loan.
• Tax and social security statements, either cleared or accompanied by a repayment schedule.
• A copy of the title deed, concession title or lease for the agricultural land or any other land used for the ongoing activity, published at the land registry.
• A negative certificate of mortgage registration dated less than 3 three months ago for borrowers who are property owners.
• A report on the existence, expertise and valuation of the real estate, premises, land or building (industrial and/or livestock, shed, etc.) offered as collateral, drawn up by a consulting office approved by the Bank.
• Estimated cost and quantity of construction works, installation of refrigerated warehouse, issued by a consulting office approved by the bank duly justified by pro forma invoices.
• A provisional schedule of works, including earthworks, platform construction, structural works, secondary building works, electrical connections, roads and utilities, and equipment.
• - A project validation certificate issued by the province Agricultural Services Directorate (DSA/Province).
• - A technical and economic study prepared or validated by the National Office for Rural Development Studies (BNEDER) which highlights current and projected agricultural production capacities, as well as production storage and preservation requirements.