70 approved loan limit based on proof of income provided.
Special loans are highly preferential loans provided by the International Fund for Agricultural Development to develop agriculture in developing countries. The organization is a specialized agency of the United Nations. It was established in 1977. Its mission is to help developing countries, especially food-deficit countries, develop agriculture, especially increase food production, by providing preferential loans and grants to these countries. According to the charter, of the funds provided by the fund in each fiscal year, the grant portion cannot exceed 12.5%, and the remainder is loans. This type of loan is divided into three types: ordinary loan, medium term loan and special loan. Among them, the special loan has the most favorable conditions, with no interest payment, only a handling fee of 1, and a term of up to 50 years (including the 10-year grace period).
Special loans include: export fluctuation compensation loans, oil loans, medium-term loans, trust fund loans, supplementary loans, structural adjustment loans, and institutional transformation loans.