Lending to agricultural producers as a factor in improving the quality of life in rural areas

In the modern agricultural economy, at the stage of high investment attractiveness of agricultural sectors, organizations need credit and investment resources. Improving the financial condition of the organization contributes to the effective development of production, increasing the income level of employees, organizing working conditions, and more. Large organizations prefer credit financial resources rather than permanent obligations of the investor, however, most agribusiness entities experience difficulties with collateral and guarantees when applying for loans. The study evaluates the state of the market for bank lending to agricultural entities through the prism of the current mechanism of preferential lending to agricultural producers. The authors consider the dynamics of lending to agricultural organizations of the Russian Federation by credit organizations in the period from 2020 to 2022, which shows a stable growth trend, despite the difficulties. The analysis of agricultural producers' debt to credit institutions in the Central Federal District for the same period, which shows a generally corresponding upward trend, has been carried out. The article provides an assessment of the relationship between the growth of gross agricultural production and the level of remuneration of workers in the industry for 2017-2023: the level of productivity of agricultural workers exceeds the growth rate of the level of material incentives for workers. The directions of development of the state program of support for rural workers are noted. The authors note the need to develop mortgage lending secured by agricultural land. Further directions for the development of credit cooperation are presented. In order to improve lending to agricultural organizations by commercial banks, the following areas can be proposed: the development of preferential lending to agriculture for seasonal production needs; the creation and support of trust funds for lending with loans to direct agricultural organizations; the development of preferential lending secured by property; development of credit cooperatives, creation and support of land banks. The directions of development of land and mortgage lending, by means of creating cooperation between financial institutions and agricultural producers are revealed.