Institutional environment for financial provision of small agricultural business entities of Ukraine

Main Article Content

Nataliia Vdovenko
Alyona Piven
Oksana Radchenko
Ihor Sinenok
Solomiya Voskobiinyk
صندلی اداری


The purpose of the study is to assess the institutional environment and determine the need for financing small agricultural businesses in Ukraine in order to facilitate access to financial resources in accordance with the need. The information base of the study is the regulatory and legal framework of state support for the agricultural industry, analytical studies of information agencies, data from the State Statistics Service of Ukraine and Ministry for Development of Economy, Trade and Agriculture of Ukraine. The data on the planned and actual indicators of budget expenditures for agricultural development were obtained on the basis of an analysis of the reports posted on the official website of the State Budget of Ukraine. The study determined the market capacity by financing the activities of small agricultural enterprises by sources and state support. An attempt has been made to outline the technology for a comprehensive assessment of the need for financing peasant and small farms in Ukraine through determining the capacity of financing the industry. As a result, it was established that the annual demand for resources for this type of entrepreneurship is at least UAH 370 billion, and in the near future it will grow at least UAH 26.5 billion annually. Particular attention is paid to the areas of micro crediting and state support for the development of small businesses in rural areas. The practical significance of the study lies in the fact that the implementation of the results of research work allows the implementation of technological support for the formation of a financing system for small agricultural entrepreneurship. This is necessary for the technical justification of state programs for the development of small business, strategies for the development of rural areas, state regulation of the development of the agricultural sector.


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Integration System of Education, Science and Production
Author Biographies

Nataliia Vdovenko, National University of Life and Environmental Sciences of Ukraine

Dr. Sci. in Economics, Head of the Department of Global Economics. Professor (Full), Dr. Sci. (habil.) in Economics, Honored Worker of Agriculture of Ukraine, Head of the Department of Global Economics National University of Life and Environmental Sciences of Ukraine. Her sphere of scientific interests includes the global economy, fisheries and aquaculture economics, regulation, animal husbandry, livestock production, supply chain management. She has published around 343 papers in peer-reviewed journals and in the proceedings of conferences. She has taken part in more than 35 conferences and workshops as a Keynote Speaker. She is a member of editorial board of some scientific journals. She is the Member of Doctoral Academic Council in Economics, National Consultant on Marketing Fish Products and on Data Collection and Statistics of Fisheries and Aquaculture Regional Office for Europe and Central Asia Food and Agriculture organization of the United Nations, Expert of the Ministry of Education of Ukraine and Expert of the National Agency for Quality Assurance in Higher Education.

Has practical experience of the accountant of the Oil Supply Department, OJSC «Kyivoblagrotechservice».

Scientific interests: global economy, fisheries and aquaculture economics, regulation, animal husbandry, livestock production, value chains. 

Adress: 15 Heroyiv Oborony st., Kyiv, 03041, Ukraine

Web of Science:

 Scopus Author ID:

 Researcher ID: J-5146-2017

Alyona Piven, Kharkiv Petro Vasilenko National Technical University of Agriculture

Ph.D., Senior Lecturer of Department of organization of production, Business, and Management, Kharkiv Petro Vasilenko National Technical University of Agriculture

She teaches discipline taught: Management, Intellectual Property, Оrganization of labor manager, Theory of organization. Scientific interests: Management of the development of integration processes in the activities of agro-industrial enterprises.

Author of more than 25 scientific works. 

Oksana Radchenko, National Scientific Center “Institute of Agrarian Economics”

Ph.D. (Economics), Associate Professor

Ihor Sinenok, National University of Life and Environmental Sciences of Ukraine

Postgraduate, Department of Global Economic

Solomiya Voskobiinyk, Stepan Gzhytskyi National University of Veterinary Medicine and Biotechnologies

Ph.D. in Economics, Assistent Professor, Department of Management, Stepan Gzhytskyi National University of Veterinary Medicine, and Biotechnologies Lviv

She teaches disciplines taught:  Management, Creative management, Agricultural management, Self-management (Самоменеджмент), Management of Potential of Enterprise (Управління потенціалом підприємства). Scientific interests: Personnel Management in Agricultural Enterprises, Creative management, Self-management.

Author of more than 17 scientific works. 


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