We find Donka and Boncho Vladimirovi in the Targovishte village of Saedinenie. They have purchased six new tillage machines with a loan of BGN 500,000 under Measure 121 of the Rural Development Program and a guarantee from the National Guarantee Fund (NGF).

"We have 800 decares of our own land, we cultivate it ourselves, and I think that in two years we will be able to repay the loan," Boncho Vladimirov said.

"I am competitive with the new machines. It is a pleasure to work. Good grapes give good wine, good flour gives good bread, and good machines cultivate the land better, yields are higher. I am 65 years old now and with this modern equipment I could work up to 85, if I am in good health ", the farmer boasts.

Boncho and Donka are unanimous that the terms of the loan are of key importance. "There have been times we paid 12-13% interest, but with this loan we pay 6.95%," they say.

Donka Vladimirova explains that with the guarantee from NGF the equipment purchased was sufficient collateral for the loan, which suits them perfectly.