• Communes, towns, cities
• Intercommunity Development Associations (IDAs)
• Local Action Groups (LAGs)
• Irrigation Water Users’ Associations/Organisations (IWUAs)
• Cultural establishments and religious structures
• Research and development stations/facilities/institutes
• Administrators of publicly-owned state forests
• Other PNDR beneficiaries and similar entities that receive 100 % non-reimbursable grants.

• A financing agreement signed with AFIR, with a support intensity of 100 %;
• The maximum value of the Fund’s loans and guarantee, where the client applies for a 100 % guarantee of such loans, must not exceed the eligible and non-eligible expenses detailed in the indicative budget of the project.

Additionally, for beneficiaries other than communes, towns or cities

• The beneficiary must issue a promissory note without protest and payable at sight in favour of the bank, with a value equal to the FGCR guarantee;
• The beneficiary must not engage in direct income-earning activities throughout the entire lending period (except for communes, towns and cities)

      or, for those beneficiaries who engage in direct income-earning activities:

• They must qualify as SMEs;
• They must not be in financial distress.

*The loan agreement can be signed before applying for the FGCR guarantee, subject to obtaining the guarantee from the Fund

The guarantee fee is 1 % per year and applies to the value of the FGCR guarantee.

• The guarantee application (a document reserved to the bank);
• The financing agreement signed with AFIR;
• Declaration of acceptance of the FGCR policy on the processing of personal data, signed by the mayor/legal representative (original); Download
• Self-declaration by the beneficiary’s legal representative, stating that the entity he represents is not engaged in direct income-earning activities throughout the entire period of PNDR financing (original, where appropriate); Download

or, as appropriate:

• A declaration on not being “in distress” (original, where appropriate)
  • In simplified form – for entities that are not required by law to prepare a balance sheet or for enterprises established for less than three years; Download
  • Complete form – for entities that are required by law to prepare balance sheets and that are established for more than three years; Download
• A declaration on qualifying as an SME (original, where appropriate). Download