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