ASSESSMENT OF THE AVAILABILITY AND EFFICIENCY OF VARIOUS SOURCES OF FINANCING FOR SMALL AGRIBUSINESS IN RUSSIA

Issue № 6, 2026, article № 19, pages 214-224

Section:

Language: Russian

Original language title: ОЦЕНКА ДОСТУПНОСТИ И ЭФФЕКТИВНОСТИ РАЗЛИЧНЫХ ИСТОЧНИКОВ ФИНАНСИРОВАНИЯ МАЛОГО АГРОБИЗНЕСА В РОССИИ

Keywords: BANK LENDING, GOVERNMENT SUPPORT, GRANTS, AVAILABILITY OF FINANCING, COLLATERAL, PREFERENTIAL LENDING, SMALL BUSINESSES, SMALL AGRIBUSINESS

Abstract: This study provides a comprehensive analysis of the availability and effectiveness of financing sources for small agribusinesses in Russia. It was found that three key financing channels – government support, bank lending, and agricultural credit consumer cooperatives – demonstrate divergent dynamics: government support is steadily growing, bank lending, while remaining dominant in terms of volume, is subject to market fluctuations, and the cooperative sector is experiencing a phase of systemic contraction. Each source is characterized by a specific set of accessibility barriers: grant programs require strict requirements for business planning and co-financing, banks require collateral and a requirement for verified income, and cooperatives have a limited resource base and maximum borrower loyalty. An effectiveness assessment revealed that government support, while nominally free, is associated with high transaction costs, bank lending is optimal for long-term investments with collateral, and cooperatives are most effective for quickly meeting short-term needs. The conclusion formulates recommendations for various categories of agricultural producers and outlines areas for improving the institutional environment, including the development of guarantee mechanisms, simplified grant reporting, and support for agricultural cooperation.

Authors: Matherova Elena Sergeevna, Sharafullina Rosalia Radmirovna, Dodorina Irina Vladimirovna, Ivanchina Olga Viktorovna, Kremnev Arkady Alexandrovich, Safiullin Timur Lenarovich