Mission Statement :
The Fund for Supporting the Development of Nomadic Agriculture is the result of a strategic partnership between producers and the government to develop investment in the nomadic agricultural sector.
The Fund for Supporting the Development of Nomadic Agriculture (Private Joint Stock) in accordance with the Law on the Establishment of Non-Governmental Funds, subject to Article 12 of the Law on the Establishment of the Ministry of Jihad-e-Keshavarzi in 2000, officially started its activities on 25/08/2004 with 58 members, consisting of: 57 Nomadic organization (15 unions, 42 cooperatives) and a specialized parent company on behalf of the government started with a capital of 7,350,000,000 IRR that 51% of this capital was provided by nomadic organizations and 49% by the government .
This fund, as the only supporting financial institution in the nomadic sector of the country, has been able to provide effective services to the nomadic community of the country by paying cheap, timely and fast loans with the least administrative formalities. With the divine success and support of zealous and hardworking nomads through their cooperative organizations as well as government support during the years of activity and during 27 stages(till now) , the fund's capital will reach more than 810 billion IRR. Currently, the number of members of this fund has increased to 229 legal members (including: 21 provincial unions, 207 cooperatives and 1 parent company). With this number of legal members of the nomadic family, all nomadic families in the country are indirect members of the fund through their cooperative organizations.
The most important tasks of the nomadic fund of the country are the following :
-Granting facilities and providing financial support to members, producers and implementers of production projects in the nomadic agricultural sector
-Financing to provide the required inputs for nomadic products
-Financing for the purchase of live cattle and the relative regulation of the market for the supply of nomadic products
-Financing for the import of livestock inputs and raw materials required for members' production activities
Considering that the management of resources and capital in the nomadic fund has a purpose beyond the simple circulation of money, so in order to make better use of the fund's resources, maintain dynamism and growing trend, increase the accumulated capital, satisfy members and provide more protection. The management of the nomadic fund has taken measures since its establishment, the most important of which are :
-Preparation and formulation of five-year strategic plans for the fund
-Applying the presented plans in line with the needs of the nomads
-Managing the time allocated to the loans based on the submitted plans
-Managing the allocation of facility coefficients by implementing members' validation regulations and designing and executing related tables and software
-Facilitate and streamline the process of payment of loans by eliminating as much as possible cumbersome criteria and at the same time ensuring the repayment of loans
-Supervision of consumption loans by the fund supervisors in the nomadic affairs departments of the provinces