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Tajik agricultural company benefits from investment into energy saving machinery

Investor
LLC "Abdurauf Yusupov"
Location
Hisor, Tajikistan
Investment
Tractor, mover, trailer
Investment Size
US$ 51,568
Financial results
Payback in 3 years
Energy savings
209 GJ/year
CO2 savings
15,452 kg/year
Donor
EU, GCF, South Korea

New energy efficient machinery reduces fuel consumption and improves productivity

LLC Abdurauf Yusupov is one of the biggest agricultural companies located in the Hisor district with 228 employees where more than 50% of them are female. The company gradually developed its dairy value chain business, through growing and storing of fodder to the production of high-quality milk. The farm has a total area of 1,208 hectares and produces wheat, cotton, potatoes, maize and lucerne and breeds 1,100 cattle.

To ensure the timely production of livestock fodder, Mr. Zafar Kalandarov, Director of the LLC Abdurauf Yusupov decided to replace old agricultural machinery and applied to one of the partner banks that the European Bank for Reconstruction and Development (EBRD) works with, for a loan of US$ 51,568 for the procurement of a new, efficient tractor, a mower and a trailer. Mr. Kalandarov had participated in the Jamoat[1] meeting organized by GEFF in January 2020. He also took the initiative to meet with the GEFF Agri-advisory team to address his technical queries before making the investment.

The European Union investment incentive of 30% is available, which makes the financing more accessible to farmers.

The company investment resulted in annual fuel savings of 209 GJ per year and the payback period is about 3 years. “We constantly invest to improve our production and processes. We decided to expand our company production capacity and this investment has positively affected operations and enhanced our competitiveness,” said Mr. Zafar Kalandarov.

GEFF Tajikistan is supported by the European Union, the Green Climate Fund and South Korea.

GEFF Tajikistan [Agricultural Value Chains] helps Tajik farmers and agribusinesses adopt technology solutions that can enhance competitiveness of the agricultural value chains.

[1] The Jamoats are the third-level administrative divisions, similar to communes or municipalities. There are approximately 405 Jamoats in Tajikistan