Loan
Focuses on small holder farmers who lack the means and capacity to promote their production. This includes the poultry, dairy farmers, goat farming and pigs farming.
Requirements
- Initial Loan size - maximum 100,000
- Processing period 24hours - 1 day
- Repayment period 12 months
- Very low Interest Rates
- Repayment Mode – To be structured to fit the nature of business.
- Loan can be accessed by both groups and individuals.
- Flexible collateral i.e co-guarantorship
Key Features
- The client must be in farming business. Farm remittances to be done through the bank.
- Insurance cover for theft, against livestock deaths or crop failure, death and permanent disability
- Security - Group Guarantee (individual and group savings), chattels mortgage Lawyer fees
