The Director General of the Agricultural Credit Corporation, Engineer Mohammad Dojan, announced that the institution financed over 12,880 farmers and investors in the agricultural sector during 2025, including 9,350 men and 3,650 women, with a total value of JD 46 million, an increase of JD 7 million compared to 2024.
اضافة اعلان
He told the Jordanian News Agency (Petra) that JD 9 million of the loans were provided under Islamic financing, while approximately JD 11 million were granted as interest-free subsidized loans for various agricultural projects and programs, covering crop and livestock production, mechanization, agricultural processing equipment, and all production requirements.
Dojan highlighted that these loans focused on key agricultural development priorities, including the intensive use of modern technologies and food processing, to ensure food security, support rural and marginalized areas, empower women’s family-run projects, create jobs, boost income-generating projects, and alleviate poverty and unemployment. Key funded projects included food processing, livestock development, poverty and unemployment reduction initiatives, land reclamation, modern irrigation systems, deficit crops, and renewable energy.
According to the Corporation, the loans were distributed across its branches: JD 25 million in the northern branches, JD 32 million in the central branches, and JD 16 million in the southern branches.
The institution prioritized projects that combat poverty and unemployment, allocating JD 8 million benefiting around 2,150 job seekers.
Loans were also directed to Jordan’s rural and Bedouin areas in the north, center, and south, continuing the rural financing program which supports projects closely linked to agriculture and local market windows, creating employment for rural residents. Approximately JD 4 million was disbursed under this program to 938 borrowers.
Dojan emphasized the introduction of modern technology in agricultural projects, especially advanced water technologies, to reduce consumption and improve efficiency. The “Interest-Free My Land” project, valued at JD 10 million over five years, benefited 134 farmers with JD 1.6 million, implemented in cooperation with the Ministry of Agriculture and the World Bank.
Since launching alternative energy projects, including solar energy, the Corporation has financed over 270 farmers with loans totaling JD 3.5 million, including JD 1.5 million interest-free. The maximum loan per farmer is JD 20,000 under an agreement with the Renewable Energy Promotion Fund, which covers interest costs. Notable projects included: support for livestock breeders with interest-free loans for feed, climate-smart practices projects with JD 3.5 million benefiting 74 borrowers, and professional and technical skill development projects with JD 1.5 million benefiting up to three borrowers.
The Corporation signed multiple agreements, including with the Jordanian Agricultural Inputs Traders Syndicate to provide interest-free loans and with the Jordan Loan Guarantee Corporation to guarantee financing for small farmers, women-led initiatives, and non-traditional projects in rural and poverty-stricken areas without real estate collateral.
A memorandum of understanding with the Jordanian Dates Association supports date palm farmers, helping them develop farms and improve productivity. Additional agreements were signed with agricultural associations, including the Kafrsoum Pomegranate Producers Association and the Specialized Women's Farming Union in Ajloun Governorate.
Under the life insurance program for borrowers, 23,340 borrowers were insured, with a total insured loan value of JD 115 million, benefiting 46 compensation cases totaling JD 216,000. The Corporation also increased its capital from JD 75 million to JD 100 million, strengthening its financial position and expanding its lending portfolio.
Regarding loan recovery, the Corporation collected JD 64 million of the JD 70 million recovery target in 2025 (91%). The Corporation also implemented arrangements to return expropriated lands, restoring four plots to farmers with a recovered value of JD 604,000.
A study by the Department of Statistics highlighted that the Corporation’s loans had a significant impact on employment, water provision, and productivity in the agricultural sector. Field visits indicated a shift from traditional farming toward innovative, non-traditional projects such as aquaculture, date palm cultivation, and other entrepreneurial agricultural initiatives.
