[Korea Financial News Lee, Dong - Kyu News] Agricultural Mutual Finance (CEO Lee Dae-hoon) is the "photovoltaic facility fund loan" for income generation project support renewable energy expansion and rural areas 28 days today launched through the national Agriculture and Livestock It announced.
The solar photovoltaic facility fund loan products that can support up to 80% of the PV installation cost widespread renewable energy and increase non-agricultural income of farmers through electricity sales.
Lending support with this product is only available in the private business and corporations that want to operate a photovoltaic solar power facility project signed a supply contract with the construction company and more than 20% self-pay contributions.
Loan period is designed to make it an effective cash management by up to 20 years do not need to issue a separate certificate was also relieve additional cost.
In addition to the relatively high yield loan limits in recognition of the solar power plant supply contract amount it was to be a connoisseur to have sufficient funding.
Lee Dae-hoon CEO. "We look forward to utilizing the solar power facility loans to raise agricultural et income for many farmers," said, "in products and services for this hasten a crowded period 5000 farm income Agricultural Mutual Credit ongoing will develop, "he said.
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